
High Court upholds Discovery Life’s decision to void policy
The policyholder inflated her earnings and failed to disclose a simultaneous application with another insurer, materially affecting the risk assessment.
The policyholder inflated her earnings and failed to disclose a simultaneous application with another insurer, materially affecting the risk assessment.
Applicants must fully disclose all relevant information during underwriting, even if it was divulged in past applications.
A dispute over a R14 million claim underscores the importance of clear communication and thorough risk assessment in fire insurance agreements.
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