An insured takes out a marine insurance policy on $50,000 worth of goods but fails to disclose
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An insured takes out a marine insurance policy on
$50,000 worth of goods but fails to disclose his previous claims history. In fact, the insured had filed claims for loss on eight previous policies covering transport of goods. Can the insurance company avoidmaking payment for loss to the insured goods?
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Related Book For
International Business Law And The Legal Environment
ISBN: 9781138850989
3rd Edition
Authors: Larry A DiMatteo
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