Given the question: Read the article and select the best answer. Article: Students' Insurance What Is Covered under Contents? Under the "Contents" section your possessions---which you do not have to be listed---will be protected on "new for old" basis where items will be replaced as new---regardless of their age or condition. "Contents" include books, radios, audio and video players, TVs, jewellery, home computers, furniture, household goods, other electrical equipment and sports equipment. They will be insured as follows: Theft Fire, Lighting, Explosion Malicious Damage Storm, Flood and other natural disasters But new-for-old cover does not include clothing and linen. Where Does Cover Apply? Anywhere in Australia whether in: Your Living Place While at College Your Parents' Home or Any Temporary Residence ---where you are staying when away from College Your College or Students' Union Building College Storage during Vacations Plus The Following Benefits Included Free Loss or Damage to: Gas, water and electricity meters and telephones---up to$300 TVs and videos rented in your name Library books---up to $300 Daily things bought---up to $500 as to cover described under "Contents" College or Landlord's Possessions in your rooms by Fire or Theft (if you are legally responsible---up to $2,000) Personal Money: from your room---up to $60 PLUS fraudulent use of your Credit Card---up to $1,000 Question: If you lose an old video player, the insurance company will _ . Options: A: replace it with a new one B: pay you up to $30 in insurance C: pay you nothing for it is old D: replace it with a used one
The answer is:
A