- 5 Marks
BCL – Nov 2024 – L1 – Q4d – Utmost Good Faith in Insurance
Explanation of the principle of utmost good faith in insurance contracts.
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Question Tag: Contract of Insurance
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BL – Nov 2023 – L1 – SB – Q4b – Law of Contract
Discusses the legal implications of non-disclosure in an insurance contract involving Abokhasomi.
Question
- Abokhasomi was told that he had kidney problems and lung infection, neither of which he disclosed to the insurer in the proposal form for a health policy. Abokhasomi filled out the proposal form, stating that no health issues were present. The policy was issued after paying the premium. Three months later, he became sick, and a test revealed a lung infection. He now wants the insurer to pay for the treatment, which the insurer has declined on the grounds of non-disclosure.
Required:
State the applicable law and advise the parties. (5 Marks)
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- Tags: Breach of Contract, Contract of Insurance, Insurance Law, Non-Disclosure
- Level: Level 1
- Topic: Law of Contract
- Series: NOV 2023
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- 5 Marks
BCL – Nov 2024 – L1 – Q4d – Utmost Good Faith in Insurance
Explanation of the principle of utmost good faith in insurance contracts.
Find Related Questions by Tags, levels, etc.
Report an error
- 5 Marks
BL – Nov 2023 – L1 – SB – Q4b – Law of Contract
Discusses the legal implications of non-disclosure in an insurance contract involving Abokhasomi.
Question
- Abokhasomi was told that he had kidney problems and lung infection, neither of which he disclosed to the insurer in the proposal form for a health policy. Abokhasomi filled out the proposal form, stating that no health issues were present. The policy was issued after paying the premium. Three months later, he became sick, and a test revealed a lung infection. He now wants the insurer to pay for the treatment, which the insurer has declined on the grounds of non-disclosure.
Required:
State the applicable law and advise the parties. (5 Marks)
Find Related Questions by Tags, levels, etc.
- Tags: Breach of Contract, Contract of Insurance, Insurance Law, Non-Disclosure
- Level: Level 1
- Topic: Law of Contract
- Series: NOV 2023
Report an error