Question: Access the link below and read the ASIC media release no. 20-302MR and titled: Youi breached duty of utmost good faith-Royal Commission case study
Access the link below and read the ASIC media release no. 20-302MR and titled: "Youi breached duty of utmost good faith-Royal Commission case study"(27 November 2020).https://asic.gov.au/about-asic/news-centre/find-a-media-release/2020-releases/20-302mr-youi-breached- duty-of-utmost-good-faith-royal-commission-case-study/
Having regard to the factual matters set out in the abovementioned media release and applicable Australianinsurance law, discuss the relevant insurance law issues associated with the conduct of Youi Pty Ltd ('Youi'). Your discussion must refer to any applicable statute and/or case law principles relating to Australianinsurance law.
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