Rights and privileges in a policy will be found in

A. Standard provisions in a policy document

B. Policy schedule

C. Preamble to the policy

D. Clauses in the policy document

Answer: Option A

Solution(By Examveda Team)

Rights and privileges in a policy will be found in Standard provisions in a policy document. The policy document is the most important document associated with insurance. It is evidence of the contract between the assured and the insurance company. It is not the contract itself.