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Impact of Concealment in Insurance Contracts by Juan Villanueva is a document available to read on EtoBox.

What is Impact of Concealment in Insurance Contracts about?

The document discusses concealment in insurance contracts. Key points: 1) Both the insurer and insured have a duty of utmost good faith to disclose all material facts before a policy is issued. 2) A material fact is one that would influence whether a party enters the contract. Causation of a loss is not required for something to be considered a material concealment. 3) Intentional or unintentional concealment of material facts allows the injured party to rescind the contract. Good faith is not a defen

Author

Juan Villanueva

Language

EN