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UBERRIMA FIDES
Your life insurance claim may be rejected if you take a new plan without declaring the ones you already have, says SCNot disclosing existing life insurance policies while purchasing a new policy can be grounds for claim rejection, according to a Supreme Co...
Insurance claim liable to be rejected if lapsed on account of non-payment of premium: SCAn insurance claim can be rejected if the policy has lapsed on account of non-payment of premium, said the Supreme Court which stressed tha...
What is principle of utmost good faith in insurance?While buying an insurance policy, both the insurer and the insured must disclose all the facts.