Question

Que 12: How breach of Utmost Good faith occurs in a contract of insurance?
options -
1. Through Misrepresentation.
2.Through Non-Disclosure
3.Through both of the above
4.Through none of the above

Answer 1

Answer:

2.Through Non-Disclosure

Explanation:

A “breach of utmost good faith” to your carrier can have catastrophic consequences to your coverage. ... A common law principle, “utmost good faith,” is a term used to indicate that every person who enters into a contract with an insurance company has a legal obligation to be honest and accurate in the information given.