If a policy document is lost then

Home / Commerce / Insurance / Question

Examveda

If a policy document is lost, then

A. Claim may be settled on the basis of an indemnity bond

B. An advertisement may have to be placed in a newspaper if the amount to be paid is high

C. Both A & B

D. None of the above

Answer: Option C

Solution (By Examveda Team)

If a policy document is lost, then claim may be settled on the basis of an indemnity bond and an advertisement may have to be placed in a newspaper if the amount to be paid is high.

This Question Belongs to Commerce >> Insurance

If a policy document is lost, then

Solution (By Examveda Team)

Join The Discussion

Read More: MCQ Type Questions and Answers