List three safeguards that the consumer insurance (disclosure and representations) act 2012 offers to a proposer that innocently failed to provide an insurer with full details of the risk to be insured?
The safeguards provided by the act are that;
- protection is offered if the proposer was unaware that a duty to disclose exists.
- the insurer is prevented from denying a claim when the proposer has acted honestly and reasonably.
- the insurer cannot ref
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