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JAMB - Commerce (2014 - No. 17)

The principle which requires the insurance company to disclose to the proposer all material facts of the risk to be covered is
subrogation
proximate cause
uberrimae fidei
contribution

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uberrimae fidei) is a Latin phrase meaning "utmost good faith; The principle means that every person who enters into a contract of insurance has a legal obligation to act with utmost good faith towards the company offering the insurance

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