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The principal means that every person who enters into a contract of insurance has a legal obligation to act with utmost good faith towards the company offering the insura ... See More
It is assumed that information provided by the propser for an insurance in the proposal form is true & proposer had not hide any material fact about the proposed for ... See More
A principle used in insurance contracts, legally obliging all parties to reveal to the others any information that might influence the others' decision to enter into ... See More
Utmost Good Faith is the Top Most Basic Principle in Insurance. Utmost Good Faith imposes a legal obligation on the proposer to disclose material information / facts to t ... See More