Trust Falls & Insurance: The Duty of Utmost Good Faith Explained
Dive into the world of insurance contracts and discover the critical principle of utmost good faith. In this episode, we unravel the complexities of concealment and misrepresentation, highlighting the obligations of both insurers and insureds to act with complete honesty. Learn how intentional failures to disclose material facts can lead to denied claims, and understand the role of the incontestable clause in protecting policies over time. Join us as we demystify these essential concepts and empower you to navigate your insurance journey with confidence!