Doctrines are legal principles that protect the parties, such
as fraudulent concealment or duress, to name just a few.
Not exact matches
The periods of time vary with the type of action, and certain «tolls» on the time may apply which extend the period, such
as for infants,
fraudulent concealment, or undiscovered injuries.
As per Section 45 of the Insurance Amendment Act 2015, the Company can forfeit the entire premium paid by a policy holder in the event of any deliberate
concealment of a material fact or if the insurance policy is obtained in a
fraudulent manner.
As per Section 45 of the Insurance Amendment Act 2015, Reliance Life Insurance Company (the Company) would forfeit the entire premium paid by a policy holder in the event the Company identifies any active and deliberate
concealment of a material fact by the policy holder and / or in the event the insurance policy is obtained from Reliance Life Insurance Company in a
fraudulent manner.
For these reasons, courts that soften the rule of caveat emptor may view such
concealment by the sellers
as fraudulent and rule for the buyers.