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Is the principle of utmost good faith relevant to today's insurance contract negotiations and if so in what way?
Wiki User
∙ 14y ago
Its in the form of Questions and the answer is to be filled by the person who will be insured correctly in the Proposal Form. If he admits wrong things it can be treated null & void and the insurance company may reject at the time of claim
Wiki User
∙ 14y ago
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