concealment of information considered to be material to t...
concealment of information considered to be material to the contract of insurance is violating the principle of?
subrogation
indemnity
insurable interest
utmost good faith
Correct answer is D
Utmost good faith is a common law principle (sometimes called Uberrimae Fidei). The principle means that every person who enters into a contract of insurance has a legal obligation to act with utmost good faith (honesty) towards the company offering the insurance.
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jaguna's repaired expenses of N75,000 would be paid by ...
The policy which covers either death or disability resulting from an injury is ...
one of the feature of ''with profit whole life assurance'' is that profit is allocat...
The right to effect a contract of insurance on the life of a debtor by the creditor is? ...