The principle of utmost good faith (ubiquitous in insurance) serves as a fundamental cornerstone ensuring transparency and integrity within contractual […]
The principle of insurable interest is a cornerstone of insurance law, ensuring that policies are issued only when a genuine
The principle of indemnity in practice forms a foundational concept within insurance, ensuring that policyholders are compensated fairly without resulting
Legal capacity to contract insurance is a fundamental principle underpinning all insurable agreements. Understanding the legal requirements ensures that contracts
The principles of insurance rest upon clear and mutual understanding between parties, notably through the processes of offer and acceptance.
Material misrepresentation in policies poses a fundamental challenge within the realm of insurance law, impacting both insurers and policyholders alike.
The insuring agreement forms the foundation of any insurance policy, clearly delineating the insurer’s promise to provide coverage under specific
Proximate Cause in Loss Assessment is a fundamental principle that determines the liability of insurers when assessing claims. It ensures
Subrogation rights in insurance represent a fundamental principle that enables insurers to recover costs from third parties responsible for a
