Which of the following statements about the duty of disclosure is NOT correct?
A) The duty applies at the time of the contract and at renewal.
B) An insurer must inform the insured in writing of their duty of disclosure.
C) The insured must disclose everything they know,suspect or believe to be relevant.
D) The duty applies to all co-insureds.
Correct Answer:
Verified
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Q18: A party insured under a general insurance
Q19: What governmental organisation regulates insurance companies' business
Q20: The doctrine of subrogation:
A)is limited in its
Q21: Subrogation applies to all contracts of insurance.
Q22: If an exclusion clause is ambiguous,a court
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