Multiple choice

If a policy document is lost, then

  1. claim may be settled on the basis of an indemnity bond

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

  3. Both (1) and (2)

  4. None of the above

Reveal answer Fill a bubble to check yourself
C Correct answer
Explanation

If a policy document is lost, 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.