Are you looking for the correct answer to the question “According to the principle of Utmost Good Faith, the insured will answer questions on the application to the best of their knowledge and pay the required premium, while the insurer will deal fairly with the insured and it’s”? If that’s the case, you don’t have to worry anymore. AzAnswer team is here with the right answer to your question. Please check below to know the answer.
According to the principle of Utmost Good Faith, the insured will answer questions on the application to the best of their knowledge and pay the required premium, while the insurer will deal fairly with the insured and it’s
Options
A) underwriting
B) issuance of the policy
C) promises made
D) legal reserve
C) promises made
The above question According to the principle of Utmost Good Faith, the insured will answer questions on the application to the best of their knowledge and pay the required premium, while the insurer will deal fairly with the insured and it’s, Was part of Insurance MCQs & Answers. I hope you got the correct answer to your question. Have a great time ahead.
