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Insurance & Risk Management
8. Chapter 9: Fundamental Legal Principles/Principle of utmost good faith
8. Chapter 9: Fundamental Legal Principles Illustration
Syllabus Slides

Principle of utmost good faith

01.Core Concepts

A higher degree of honesty is imposed on both parties to an insurance contract than is imposed on parties to other contracts Supported by three legal doctrines: Representations Concealment Warranty ‹#›