In order to be covered by insurance contract, the court will look at several principles. Explain the meaning of FOUR (4) principles below. Support your answer with relevant provisions and cases.
(i) Insurable interest
(ii) Material fact
(iii) Utmost good faith
(iv) Indemnity
Answers: 3
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In order to be covered by insurance contract, the court will look at several principles. Explain the...
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