Business Studies, asked by asahu0332, 5 months ago



The duty of disclosure of material facts
arises in life insurance​

Answers

Answered by itzdreamer44
7

The insured is under a duty to disclose all material facts relating to the insurance which he proposes to effect. In addition, he must make no misrepresentation regarding such facts. Usually, however, these duties are modified by the terms of the contract.

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