👉 A "vouchable" is a type of property in the context of insurance. In this legal and financial context, a vouchable refers to a document that serves as a guarantee or proof of ownership for an insurance claim. These documents are often used by the insurer to verify the identity and status of the insured's property.
Vouchables can be categorized into two main types:
1.
Original Voucher
: This type of vouchable is issued by the owner directly, without any