Select a Scenario, that showcases the Principle of Uberrima Fides.
A) Timely Payment of Premium.
B) Disclosing All Material Information on the Insurance Proposal- Form.
C) Faking All Material Information on the Insurance Proposal- Form.
D) Disclosing All Irrelevant Information on the Insurance Proposal- Form.
Correct Answer:
Verified
Q15: Mr. Kapil had taken Insurance-Cover of Rupees
Q16: Why Do, Insurers need Material Information?
A)For Documentation
Q17: Which Element of a Valid Contract, relates
Q18: Identify the Choice, which relates to In-Accurate
Q19: Identify the Option, that can be treated
Q20: Compare: Gambling and Insurance.
A)Gambling and Insurance, Both,
Q21: Summarise "Contracts of Adhesion", for us.
A)These Contracts
Q22: Mr. Ramesh fudges His Company Balance-Sheet, Before
Q23: What is the Subject-Matter of Life Assurance?
A)Premium
B)Human
Q25: In Relation to Life Assurance, Look at
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