English, asked by bappibiswas002, 9 months ago

In the case of life insurance the duty of disclosure exists

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Answered by saivignesh222

4

Answer:

Explanation:Life insurance is serious business. ... The Insurance Contracts Act 1984 (ICA), provides that an insured has a duty to disclose certain matters to the insurer before a contract of insurance is entered into. If an insured fails to do so, section 29 of the ICA allows the insurer to avoid the contract.

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