A claim has arisen which is fully covered under insurer A's policy and insurer B's policy. Insurer A's policy has a sum insured of £30,000 and insurer B's policy has a sum insured of £50,000. What proportion of the claim is insurer B liable for if the principle of contribution applies on a rateable proportion by sum insured basis?
In accordance with the principle of good faith, which facts must a potential policyholder disclose to the insurer when applying for insurance?
What is the principal reason for which a proposer is asked by the insurer whether his car will be driven by anyone else?
