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.