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Duty of Assured Clause In Insurance Contracts

Duty of Assured Clause In Insurance Contracts



Insurance
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All policies have a duty of assured clause- this spells out that the duty of the assured is, to behave as if he was not insured. Hence, in the event of a peril operating, he or his agent have to take all necessary steps to avert losses/ mitigate the damages caused due to peril.

Insurance Law And Practice - ICSI
Duty of Assured Clause In Insurance Contracts Duty of Assured Clause In Insurance Contracts Reviewed by Ikpokolo Francis on Monday, May 22, 2017 Rating: 5

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