Business Studies, asked by tanyatripathi230859, 5 months ago

the insured is expected to disclose material information related to proposed risk and insurer must clear all the terms and conditions of the insurance. name the principle of insurance ​

Answers

Answered by shamalshinde
0

Answer:

The principle of utmost good faith, uberrimae fidei, states that the insurer and the insured must disclose all material facts before the policy inception.

Facts which may enhance the level of risk are called material facts.

Previous Question
Next Question
Similar questions
Math, 2 months ago
23. एक खिलौना, त्रिज्या 7 सेमी वाले एक शंकु के आधार का है, जो कि उसी त्रिज्या वाले एक अर्धगोले पर अध्यारोपित है। इस खिलौने की सम्पूर्ण ऊंचाई 16 सेमी है। इस खिलौने का सम्पूर्ण पृष्ठीय क्षेत्रफल ज्ञात कीजिए। ​...
Business Studies, 2 months ago
Tasks may also be completed in a hospital such as the maintenance of records and paperwork throughout the hospital. (A) front office (B) stores (C) both (D) none​...
English, 2 months ago
non-verbel to verbal title​...
English, 5 months ago
what is the capital of Jharkhand​...
Social Sciences, 5 months ago
riddles on mahatma gandhi...
English, 10 months ago
Sweet are the fruits of hardwork.... Pls give a short essay on the above topic...
Math, 10 months ago
A Man had rs 4000, part of which he lent at 5%and the rest at 4%. the whole interest received was rs 190. how much did he lent at 4%​...
Social Sciences, 10 months ago
where do we find thorn mountain and mangrove forest in India​...