What is the most important fact about“utmost good faith"?
【正确答案】：The people who decide what premium is fair for a particular cover do so on the basis of written statements made in a proposal form. If this statement is untrue, then the premium agreed on will not be a fair one. The mis-statement is a fraud,and the policy is voidable by the party who is misled. Even if the mis-statement was unintentional,the underwriter would still be deceived and the policy voidable.
