Mr. Chowdhury lives in an apartment located in Gulhan, Dhaka. He is a Lawyer by his profession. He purchased an insurance policy for his car from XYZ insurance company limited. Recently, Mr. Chowdhury has got accident and his car damaged seriously. Insurance company has investigated the incident and found that Mr. Chowdhury got accident twice earlier but he failed to mention that to the company. Mr. Chowdhury also drove the car recklessly and thus got accident. Now, Mr. Chowdhury has claimed the amount of loss from the insurance company. But insurance company has refused to pay the claim. Requirements: a)Why did ZYZ Insurance Company refuse to pay the claim? b) What are the duties of a policyholder that should be followed by Mr. Chowdhury? c) What are the general elements of an insurance contract? d) Which of the principles did Mr. Chowdhury violate? please answer all questions! kind request.
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oh
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how long question my godd..
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