Insurance 101 – Chapter 16 Volume 20 – More on Marine Rule

More on Marine Rule

Although silence of an applicant may not be fraudulent, the Scarburgh v. American Manufacturers court made clear that the policy could be rescinded and the duty of utmost good faith must be applied to protect the insurer against being deceived, even if it did not ask the insured the questions that were later found to be material.

The following video was adapted from my book, “Insurance Claims A Comprehensive Guide” Published by the National Underwriter Company and is available at the Zalma Insurance Claims Library

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The author and publisher disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this blog. The information provided is not a substitute for the advice of a competent insurance, legal, or other professional. The Information provided at this site should not be relied on as legal advice. Legal advice cannot be given without full consideration of all relevant information relating to an individual situation.

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