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O-LevelCommerceInsurance7100/12 · Oct/Nov 2012 · Q301 Mark

You are applying for life insurance cover. Failure to inform the insurance company that you are suffering from a serious illness is a breach of

Aindemnity.
Binsurable interest.
Csubrogation.
Dutmost good faith.

✓ Correct answer

D: utmost good faith.

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About this question

Topic
Insurance, O-Level Commerce (syllabus 7100). Multiple choice, 1 mark.
Source
O-Level Commerce, Oct/Nov 2012 Paper 1 Variant 2, question 30.

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