Chapter 5 IF1 Quizsearch
- Created by: DeborahRobinson
- Created on: 15-08-19 11:51
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Clues
- In the Insurance Act 2015 what type of presentation does it state that the insured must make to the insurer of the risk (4)
- Under CIDRA whose agent is an intermediary considered to be if the intermediary has the authority to bind the insurer to cover and does so (7)
- Under what may an insurer avoid a contract entirely if the insured is in breach of the duty of disclosure (7)
- Under what type of non disclosure may an insurer keep the premium and sue for damages (10)
- what duty is implicit in all insurance negotiations regarding material facts (10)
- What is a guarantee or promise which provides assurance by one party to the other that specific acts or conditions are true (8)
- What is the legal term used for a bar or impediment that precludes a person from asserting a fact or right (8)
- What type of breach triggers a remedy available to insurers under IA 2015 (10)
- What type of disclosure do motor policies usually required coming from an onerous policy condition (10)
- Which 2012 act removes the common law duty on consumers to disclose any facts that a prudent underwriter would consider material and replaces this with a duty to take reasonable care not to make a misrepresentation (5)
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