Statement: The Law Commission of India has called for sweeping changes in life insurance laws not only to promote insurance business in the country but also to protect policy holders from hassles in claiming settlements. Assumption I.The interests of policy holders had not been entirely satisfied particularly in the area of claims settlement. II. Sweeping changes in life insurance laws are possible.

• if only assumption I is implicit.
• if only assumption II is implicit.
• if either I or II is implicit.
• if neither I nor II is implicit.