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Materiality of facts is important in fixing the duties of the insured under a contract of insurance.
Required:
i. Explain the current law on material facts in insurance contracts.
ii. Before the law, state a fact that would be material in a proposal for life assurance.
Find Related Questions by Tags, levels, etc.
Find Related Questions by Tags, levels, etc.
Materiality of facts is important in fixing the duties of the insured under a contract of insurance.
Required:
i. Explain the current law on material facts in insurance contracts.
ii. Before the law, state a fact that would be material in a proposal for life assurance.
Find Related Questions by Tags, levels, etc.
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