Which of the following actions showcases the principle of “uberrima fides”?
Which of the following actions showcases the principle of “uberrima fides”? Correct Answer Disclosing known material facts at the time of taking the policy
Uberrima fides is a Latin phrase, meaning "utmost good faith". This means that all the parties to an insurance contract must deal in good faith, making a full declaration of all the material facts in the insurance proposal.