Answer: it would be considered an unfair trade practice
The doctrine of uberrimae fides – utmost good faith – is present in the insurance law of all common law systems. An insurance contract is a contract of utmost good faith. The most important expression of that principle under the doctrine as it has been interpreted in England is that the prospective insured must accurately disclose to the insurer everything that he knows and that is or would …
Whole life insurance or whole of life assurance (in the Commonwealth of Nations) sometimes called “straight life ” or “ordinary life ” is a life insurance policy which is guaranteed to remain in force for the insured’s entire lifetime provided required premiums are paid or to the maturity date. As a life insurance policy it represents a contract between the insured and insurer that as long …
Social insurance – Wikipedia
Insurance law – Wikipedia
Whole life insurance – Wikipedia
Social insurance – Wikipedia
Title insurance is a form of indemnity insu…