Insurance Claims: a Comprehensive Guide Part 103 PDF, ePub eBook

Insurance Claims: a Comprehensive Guide Part 103

File Name:Insurance Claims: a Comprehensive Guide Part 103
Posted By:Barry Zalma
Published on 2018-08-02 by
ISBN-10:1718025335
Status : AVAILABLE Last checked: 25 Minutes ago!
Ratting: 4.6 of 5 from 7821 votes. Ready to download

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Book Summary

The principle on which insurance has existed for the last three to four centuries is that insurance business is conducted with the utmost good faith (uberrima fides). The principle, called a covenant of good faith and fair dealing, must be followed religiously by both the insurer and the insured. This means, simply, that both parties to the insurance contract must treat each other in such a way that neither will deprive the other of the benefits of the contract.

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