"The Essential Guide to Choosing the Right Insurance for You"
While many boaters do not consider the doctrine of uberrima fides when applying for marine insurance, it is an important principle to keep in mind. A failure to disclose material information during the application process could lead to a policy being voided or canceled. This is because the law requires the insured to disclose all relevant information to the insurer regardless of whether the insurer asks for it.
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