Salamander Insurance Company tries to settle claims as quickly as possible.In certain cases,agents can present payments to claimants which are cleared through the banking system like a check,but must be passed through the Insurance Company for approved prior to payment.This is an example of a(n)

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This scenario describes a payable-through draft, which is a form of payment that allows an agent to present payments to claimants, but requires approval from the insurance company before the payment can be made. A zero balance account is an account that always maintains zero balance, a insurance float voucher is not a recognized term in accounting, and a post-dated check is a check that is dated for some time in the future.

Salamander Insurance Company Tries to Settle Claims as Quickly as Possible.In