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GlossaryGeneral Principles
General Principles

Utmost Good Faith

Also known as: Uberrimae Fidei

A legal standard requiring both the insurer and the policy applicant to disclose all material facts honestly and without concealment or fraudulent misrepresentation.

“Insurance contracts require uberrimae fidei, imposing a mutual duty of complete disclosure and honesty on both parties.”
ins-principles · Policy Formation

Tested on

Life & HealthProperty & Casualty

Related terms

Contract of Adhesion

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