Common use of TOOL INSURANCE Clause in Contracts

TOOL INSURANCE. The Company will reimburse employees for tools lost with a minimum of Two hundred dollars ($200.00) and no maximum on any one loss. The exact amount will be based on the evaluation of a claim by insurance adjusters, based on an employee tool list that is on file. Theft must show forced entry on a locked vehicle, or non negligence in transit, or loss on the company premises or rental vehicles. (Fire and Theft). The Company agrees to repair or replace, if necessary, employee owned impact tools.

TOOL INSURANCE. The Company Employer will reimburse employees Employees for lost or stolen tools lost with a minimum value of Two two hundred dollars ($200.00) and no maximum on any one loss. The Employee shall be responsible for maintaining a written up-to-date tool list, which will be kept on file at the Facility. The exact amount of loss will be based on the evaluation of a claim by insurance adjusters, adjusters based on an employee the Employee tool list that is must be on file. Theft must show forced entry on a locked vehicle, toolbox or non negligence in transitstorage area, or loss non-negligence on the company premises or rental vehicles. (Fire and Theft). The Company agrees to repair or replace, if necessary, employee owned impact toolsEmployee’s behalf.

TOOL INSURANCE. The Company Employer will reimburse employees Employees for lost or stolen tools lost with a minimum value of Two two hundred dollars ($200.00) and no maximum on any one loss. The Employee shall be responsible for maintaining a written up-to-date tool list, which will be kept on file at the Facility. The exact amount of loss will be based on the evaluation of a claim by insurance adjusters, adjusters based on an employee the Employee tool list that is must be on filefile. Theft must show forced entry on a locked vehicle, toolbox or non negligence in transitstorage area, or loss non-negligence on the company premises or rental vehicles. (Fire and Theft). The Company agrees to repair or replace, if necessary, employee owned impact toolsEmployee’s behalf.

TOOL INSURANCE. The Company will reimburse employees for employee supplied tools lost from the employee required tool list with a minimum deductible of Two four hundred (400) dollars ($200.00) and no maximum on any one loss. The exact amount will be based on the evaluation of a claim by insurance adjusters, based on an employee tool list that is on file. Theft must show forced entry on a locked vehicle, or non negligence in transit, or loss on the company premises or rental vehicles. (Fire For example: fire and Thefttheft). The Company agrees to repair or replace, if necessary, employee owned impact tools.

TOOL INSURANCE. The Company Employer will reimburse employees Employees for lost or stolen tools lost with a minimum value of Two two hundred dollars ($200.00) and no maximum on any one loss. The Employee shall be responsible for maintaining a written up-to-date tool list, which will be kept on file at the Branch. The exact amount of loss will be based on the evaluation of a claim by insurance adjusters, adjusters based on an employee the Employee tool list that is must be on file. Theft must show forced entry on a locked vehicle, toolbox or non negligence in transitstorage area, or loss non-negligence on the company premises or rental vehicles. (Fire and Theft). The Company agrees to repair or replace, if necessary, employee owned impact toolsEmployee’s behalf.

TOOL INSURANCE. ‌ The Company Employer will reimburse employees Employees for lost or stolen tools lost with a minimum value of Two two hundred dollars ($200.00) and no maximum on any one loss. The Employee shall be responsible for maintaining a written up-to-date tool list, which will be kept on file at the Branch. The exact amount of loss will be based on the evaluation of a claim by insurance adjusters, adjusters based on an employee the Employee tool list that is must be on file. Theft must show forced entry on a locked vehicle, toolbox or non negligence in transitstorage area, or loss non-negligence on the company premises or rental vehicles. (Fire and Theft). The Company agrees to repair or replace, if necessary, employee owned impact toolsEmployee’s behalf.