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The principle which requires the insurance company to disclose to the proposer all ...

The principle which requires the insurance company to disclose to the proposer all material facts of the risk to be covered is
Take Free Practice Test On 2026 JAMB UTME, Post UTME, WAEC SSCE, GCE, NECO SSCE
  • A Uberrimae fidei
  • B Subrogation
  • C Contribution
  • D Proximate cause
Correct Answer: Option A
Explanation:
Uberrimae fidei means utmost good faith. The principle requires the parties to an insurance contract to disclose material facts that could influence the acceptance of the risk or the terms of the insurance contract.

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