What does ‘subscription policy’ imply in the field of insurance?
(a) It is a policy shared by two or more insurers.
(b) In a subscription policy, each insurer assumes a portion of the risk.
(c) A maxiumum of three companies can cake part in it Select the correct answer using the codes given below:

A

Only a

B

Only b

C

Both a and b

D

Both b and c

E

None of these