s 17 Insurance is uberrimae fidei
17. A contract of marine insurance is a contract based upon the utmost good faith, and, if the utmost good faith is not observed by either party, the contract may be avoided by the other party.
17. A contract of marine insurance is a contract based upon the utmost good faith, and, if the utmost good faith is not observed by either party, the contract may be avoided by the other party.
Source: Singapore Statutes Online (Attorney-General's Chambers), © Government of Singapore.
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