Exam term

Utmost good faith

The principle that each party to an insurance contract may rely on the honesty of the other, requiring truthful answers from the applicant and fair dealing from the insurer.

Lessons that use this term

Elements and special characteristics of an insurance contract California
Insurance contract law and its unique characteristics Florida
Insurance contract law and insurable interest Florida
Insurance contract law and its unique characteristics New York
Contract legal concepts: indemnity, utmost good faith, representations, warranties, concealment, fraud, waiver, and estoppel New York
Insurance contract law and its unique characteristics Texas
Insurance contract law and insurable interest Texas