JAMB CBT Mobile App 2025 - Free Download
JAMB CBT 2025 - Candidates, Schools, Centres, Resellers - Get Ready!

concealment of information considered to be material to the contract of insurance is violating the...

Insurance
WAEC 2018

concealment of information considered to be material to the contract of insurance is violating the principle of?

  • A. subrogation
  • B. indemnity
  • C. insurable interest
  • D. utmost good faith
JAMB CBT 2025 - Candidates, Schools, Centres, Resellers - Get Ready!
JAMB CBT Software 2025 - Free Download
JAMB CBT Mobile App 2025 - Free Download
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
Correct Answer: Option D
Explanation

Utmost good faith is a common law principle (sometimes called Uberrimae Fidei). The principle means that every person who enters into a contract of insurance has a legal obligation to act with utmost good faith (honesty) towards the company offering the insurance.


Report an Error Ask A Question Download App
JAMB CBT 2025 - Candidates, Schools, Centres, Resellers - Get Ready!
JAMB CBT Mobile App 2025 - Free Download
JAMB CBT Software 2025 - Free Download
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076

Contributions ({{ comment_count }})

Please wait...

{{ settings.no_comment_msg ? settings.no_comment_msg : 'There are no comments' }}

Quick Questions

Post your Contribution

Please don't post or ask to join a "Group" or "Whatsapp Group" as a comment. It will be deleted. To join or start a group, please click here

{{ quote.posted_by.display_name }}
{{ settings.form_textarea_description }}
 
JAMB CBT Software 2025 - Free Download
JAMB CBT 2025 - Candidates, Schools, Centres, Resellers - Get Ready!
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
JAMB CBT Mobile App 2025 - Free Download
JAMB CBT Software 2025 - Free Download
WAEC Past Questions, Objective & Theory, Study 100% offline, Download app now - 127076
JAMB CBT 2025 - Candidates, Schools, Centres, Resellers - Get Ready!
JAMB CBT Mobile App 2025 - Free Download