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Notarial Certificate

(Querist) 08 August 2018 This query is : Open 
In LIC "Form of Application of dispense with Legal Evidence of Tite", Pont no. 8 given as - Give the full name, age and address of person of sound financial standing who is prepared to execute an Indemnity Bond jointly with the heirs of the deceased.

Pls explain what does it mean ?
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