explain the principles of utmost good faith in brief
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The principle of utmost good faith, uberrimae fidei, states that the insurer and the insured must disclose all material facts before the policy inception. ... In case of non-disclosure or misrepresentation of material facts, the policy can be considered null and void.
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The principle of utmost good faith, uberrimae fidei, states that the insurer and the insured must disclose all material facts before the policy inception. ... In case of non-disclosure or misrepresentation of material facts, the policy can be considered null and void.
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