1. It is very important for both insurers and insured persons to ensure that the risk to be insured is an insurable interest upon agreeing to enter into an insurance agreement. Discuss

2.Rina has purchased an insurance policy via an agent from Tukul Insurance, but her sole intention is to get immediate coverage for her undisclosed current medical condition. Advise Tukul whether Rina has acted in good faith.

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1 Insurable Interest in Insurance Agreements Insurable interest is a fundamental principle in insurance agreements ensuring that the party seeking ins... View the full answer