The instances that may cause the insurance company to dishonor oneĀ’ claim

The instances that may cause the insurance company to dishonor one claim

  • When there is no close relationship between the cause of the loss and the risk insured against.
  • When the insured wishes to go with the wreck after full compensation.
  • When the insured has no insurable interest in the subject matter of insurance.




  • When a mistake was made by the insured at the time of filling in a proposal form.
  • When the insured fails to declare all the relevant material facts concerning the property insured.
  • When the insured fails to effect payment of premiums to the insurer.
  • When the insured fails to report the occurrence of the loss in time.
  • When co-insurance was undertaken and the insured wants full compensation from each insurer.

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mwaikusa

IAM experienced geography teacher with more than three years of teaching and creating content related to geography and other subjects for both high school and college students. hope you will find the content of this website useful to your studies and daily life

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