Primary Obligations of an Insured

Primary Obligations of an Insured

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Business, Health Sciences, Biology

University

Hard

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The video tutorial discusses the key aspects of insurance contracts, focusing on the obligations of both the insurer and the insured. Initially, it highlights the duty of disclosure, where the insurer must provide all relevant information at the inception of the contract. It then explains the insured's responsibilities, particularly in the event of a contingency, emphasizing the need for cooperation and timely communication with the insurer. The tutorial underscores the importance of good faith and honesty in fulfilling these duties to ensure proper coverage and claim processing.

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

What new insight or understanding did you gain from this video?

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