Why Do Insurance Contracts Require a Duty of Utmost Good

question 7

Essay

Why do insurance contracts require a duty of utmost good faith?

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Definitions:

Timeliness Effect

The impact of providing information or taking actions at the most appropriate or effective time, often enhancing outcomes or responses.

Social Media Engagement

The measure of how people interact with content on social media platforms, including likes, shares, comments, and follows, indicating the level of audience involvement and interest.

Followers

Individuals or entities that choose to receive updates and content from another individual or organization, typically on social media platforms.

Twitter

A social media platform designed for sharing short messages or tweets, used for both personal expressions and as a tool for digital marketing.