Question Tag: Insurance Agents

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BL – Nov 2012 – L1 – SB – Q4B – Law of Contract

Discuss the role of an insurance agent and the concept of material facts in insurance contracts.

Musa, an insurance agent employed by Baloon Insurance Limited, assisted Uche to complete an insurance policy proposal form.

Required:
i. Explain briefly whose agent Musa is in this situation. (2 Marks)
ii. Explain what is meant by “material fact” in relation to insurance contracts? (3 Mar

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BL – Nov 2012 – L1 – SB – Q4B – Law of Contract

Discuss the role of an insurance agent and the concept of material facts in insurance contracts.

Musa, an insurance agent employed by Baloon Insurance Limited, assisted Uche to complete an insurance policy proposal form.

Required:
i. Explain briefly whose agent Musa is in this situation. (2 Marks)
ii. Explain what is meant by “material fact” in relation to insurance contracts? (3 Mar

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