Insurances: Utmost Good Faith and Disclosure
This Skill Bit offers a clear explanation of the principle of utmost good faith, a fundamental tenet of insurance contracts that ensures transparency and honesty between parties. It highlights the insured’s crucial duty of disclosure, emphasizing the importance of providing complete and accurate information to maintain the integrity of the insurance agreement.
Duration approx. 3 Min.
Tier: proficiency
A part of A Professional’s Guide to Business Insurance Coverage course.