Final answer:
A lost time case in workman's compensation insurance refers to an injury that results in more than seven (7) days of work or for which indemnity benefits would be due, such as a medical-only claim resulting in a permanent impairment.
Step-by-step explanation:
A lost time case in workman's compensation insurance is defined as an injury that results in more than seven (7) days of work, or for which indemnity benefits would otherwise be due. This could include a medical only claim that results in a permanent impairment. It is important to note that a lost time case does not necessarily mean the injury is completely healed, as indicated by option (D).