The main purpose of this text is to criticize the current interpretation of the duty of disclosure and to analyze the real meaning and effect of the courts' interpretation in this area in recent years.
Contents:
General consideration of duty of utmost good faith; source of duty of disclosure; duration of the duty at common law; interpretations of the test of materiality - duty of disclosure by the insured; interpretations of additional requirement of actual inducement; reciprocity of principle of duty of disclosure; post contractual duty of utmost good faith; review of attempted reform; self-regulation in insurance contract law and conclusion.