Non-Disclosure – NBC Institute

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)

Answer

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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

BL – May 2023 – L1 – SB – Q3A – The Nigerian Legal System

Advise Tatafo on the legal issues regarding his insurance claim after a fire incident.

Question

Tatafo insured his 2-storey house with an insurance company against fire and burglary incidents. A question in the proposal form required the insured to state any peculiar or special environmental information on the location of the house, to which Tatafo wrote “None.” The house was recently destroyed by fire, which started from a nearby petrol station. Tatafo filed for claims from the insurance company, but the insurance company refused to pay upon discovering that the house was built behind the petrol station, which Tatafo failed to disclose on the insurance proposal form. Tatafo is aggrieved and intends to sue the insurance company.

Required:
Advise Tatafo, stating the legal issues involved.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Claims, Insurance, Legal Principles, Non-Disclosure
Level: Level 1

Topic: The Nigerian Legal System
Series: MAY 2023

BL – May 2024 – L1 – SA – Q10 – Contract Law

Identify the consequence of non-disclosure of material facts in an insurance contract.

Question

In a contract of insurance, the consequence of non-disclosure of material facts by either party to the contract where the duty exists is to render the contract:

A. Illegal
B. Voidable
C. Valid
D. Void
E. Enforceable

Answer

Find Related Questions by Tags, levels, etc.

Tags: Contract Voidability, Insurance Contract, Material Facts, Non-Disclosure
Level: Level 1

Topic: Company Law
Series: MAY 2020

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)

Answer

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

BL – May 2023 – L1 – SB – Q3A – The Nigerian Legal System

Advise Tatafo on the legal issues regarding his insurance claim after a fire incident.

Question

Required:
Advise Tatafo, stating the legal issues involved.

Answer

Find Related Questions by Tags, levels, etc.

Tags: Claims, Insurance, Legal Principles, Non-Disclosure
Level: Level 1

Topic: The Nigerian Legal System
Series: MAY 2023

BL – May 2024 – L1 – SA – Q10 – Contract Law

Identify the consequence of non-disclosure of material facts in an insurance contract.

Question

In a contract of insurance, the consequence of non-disclosure of material facts by either party to the contract where the duty exists is to render the contract:

A. Illegal
B. Voidable
C. Valid
D. Void
E. Enforceable

Answer

Find Related Questions by Tags, levels, etc.

Tags: Contract Voidability, Insurance Contract, Material Facts, Non-Disclosure
Level: Level 1

Topic: Company Law
Series: MAY 2020

Question Tag: Non-Disclosure

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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.

BL – May 2023 – L1 – SB – Q3A – The Nigerian Legal System

Advise Tatafo on the legal issues regarding his insurance claim after a fire incident.

BL – May 2024 – L1 – SA – Q10 – Contract Law

Identify the consequence of non-disclosure of material facts in an insurance contract.

BL – Nov 2023 – L1 – SB – Q4b – Law of Contract

Discusses the legal implications of non-disclosure in an insurance contract involving Abokhasomi.

BL – May 2023 – L1 – SB – Q3A – The Nigerian Legal System

Advise Tatafo on the legal issues regarding his insurance claim after a fire incident.

BL – May 2024 – L1 – SA – Q10 – Contract Law

Identify the consequence of non-disclosure of material facts in an insurance contract.

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Question Tag: Non-Disclosure

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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.

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BL – May 2023 – L1 – SB – Q3A – The Nigerian Legal System

Advise Tatafo on the legal issues regarding his insurance claim after a fire incident.

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BL – May 2024 – L1 – SA – Q10 – Contract Law

Identify the consequence of non-disclosure of material facts in an insurance contract.

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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.

You're reporting an error for "BL – Nov 2023 – L1 – SB – Q4b – Law of Contract"

BL – May 2023 – L1 – SB – Q3A – The Nigerian Legal System

Advise Tatafo on the legal issues regarding his insurance claim after a fire incident.

You're reporting an error for "BL – May 2023 – L1 – SB – Q3A – The Nigerian Legal System"

BL – May 2024 – L1 – SA – Q10 – Contract Law

Identify the consequence of non-disclosure of material facts in an insurance contract.

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