In my organization, an employee has passed away, and we need to settle his full and final payment. His wife is the claimant. Since there are no other claimants, our management has decided to settle the full and final payment and pay it to his wife. However, to protect the organization from any potential future liabilities, we would like to request an indemnity bond from the claimant. If anyone has the format for an indemnity bond, please send it to us.
Regards,
Shekhar
From India, Mumbai
Acknowledge(0)
Amend(0)
1Regards,
Shekhar
From India, Mumbai
Acknowledge(0)Amend(0)CiteHR is an AI-augmented HR knowledge and collaboration platform, enabling HR professionals to solve real-world challenges, validate decisions, and stay ahead through collective intelligence and machine-enhanced guidance. Join Our Platform.
Full & Final Payment.xls
Full n final settlement.doc