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.
The minimum cover for motorist in nigeria is? ...
The second document issued to the Eke is ...
one of the duties of a loss adjustor is ...
A blanket policy in fidelity guarantee insurance is to cover ...
The document used pending the issuance of certificate in motor insurance policy is ...