Login / Signup

Question

The principle of utmost good faith requires:

A The insurer to assess all risks independently.

B The proposer to disclose all material facts about the proposed risk.

C Both parties to avoid fraud.

D Premium payment in advance.

E None of these

Practice Next

More Insurance Awareness Questions

A wide range of ICT services including Nationwide Communication Network for decentralised planning, improvement in Government services and wider transparen...
Which country is the first in the world to introduce the concept of Insurance Repository services?
One of the methods of reducing insurance cost of an insured is __________.
The Insurance Act was first introduced in India in:
A policy that covers the loss of baggage during travel is:
In relation to insurance sector, what is the full form of FPR?
What is the purpose of a consequential loss policy?
Which of the following is NOT a typical type of insurance claim?
How many insurance companies were merged to form the Life Insurance Corporation of India?
Insurance that pays claims arising out of incidents that occur during the policy term, even if they are filed many years later is known as?

Hey! Ask a query

ask-question