Q. Which of the following is a situation in which the insured has no obligation to disclose material facts unless specifically asked by the underwriters?

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Q. In the case of insurance contracts, when does the duty to disclose material facts extend?

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Q. When is there no further need to disclose any material facts in a life insurance policy?

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Q. In the case of health insurance, when does the insured need to inform the insurer about health issues?

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Q. What is the term for the situation where the insured is silent about material facts because the insurer has not raised specific inquiries?

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Q. When is non-disclosure considered concealment?

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Q. What is the principle based on which insurance contracts operate, demanding the full disclosure of all material facts by the insured?

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Q. Which of the following is NOT considered a material fact that the insured should disclose in a life insurance proposal?

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Q. In the case of general insurance, what must the insured do at the time of policy renewal if there has been a change in the occupancy of a building?

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Q. When non-disclosure is unintentional and occurs without the intention to deceive, it is referred to as:

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Q. The duty to disclose material facts applies to which party involved in an insurance contract?

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Q. Which of the following is considered a material fact for a motor insurance proposal?

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Q. What is the term for a statement made during the negotiation of an insurance contract, whether it is a statement of fact, belief, intention, or expectation?

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Q. What type of misrepresentation relates to inaccurate statements made without fraudulent intention?

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Q. When does an insurance contract generally become void due to misrepresentation?

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Q. Under what conditions can a Life Insurance policy be called into question on the ground of Fraud by the insurer, as specified in the amended Insurance Act of 1938?

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Q. In case the policyholder is not alive, who bears the onus of disproving fraud in a Life Insurance policy?

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Q. What are the three essential elements of insurable interest?

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Q. What is the primary difference between gambling and insurance?

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Q. If Mr. Patel has a mortgage loan on his house and has repaid part of the loan, does he have an insurable interest in the house?

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