No one has the right to insure.

People who do not have insured interests on their property cannot guarantee it. For example:

1. Unsecured lenders cannot insure the debtor's assets because their rights are only personal tothe debtor. But it can guarantee the life of the debtor.

2. A corporate shareholder, even a single shareholder, cannot guarantee ownership of thecorporation because there is no insured interest in the corporation's assets. As happened inMakura v. Northern Assurance Company [4] Mackay. Neither an ordinary lender nor anyshareholder is interested in insuring.

The concept of greater trustSince all Auto Insurance Quotes. policies are honest, fire insurance claimants also have apositive responsibility to disclose all important facts and not to make false statements ormisrepresentations when consulting the police. This honest liability applies to both the insurerand the insurer. The integrity of the insured must be good. This obligation to act in good faithproves that the statements in the offer are true, such statements form the basis of theagreement, and the false or inaccurate statements made in it are incorrect. The applicant isguaranteed to do so. Returns. The insurer can then assess the risk, determine the appropriatepremium and trust to accept or reject the risk.

Fire Policy Proposal Questions are designed to capture all the important information that aninsurer needs to know in order to assess risk and determine premium: all important facts. Forexample, depositors should also provide the following information:

o Name, address, occupation of the applicant.

o Insured details are sufficient to identify it, including:

o Location details.

o How the property is used, such as for harmful construction or business purposes.

o If he is already insured.

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Also, the date of personal insurance, including claims, purchaser of the collector, etc.

In addition to the offer questions, the applicant must state whether or not he or she has beeninterviewed.

1. Information that shows that the risk of fire is higher than usual.

2. Facts that may indicate that insurance liability exceeds expectations, such as the presence ofvaluable prescriptions and documents.

3. All other relevant information. The danger remains.

The collector has no liability.1. Information that the insurance company may consider to be known as the insurance companyin its general activities.

2. The fact is that the risk is lower than usual.

3. Facts about the information provided by the insurance company.

4. Facts that do not need to be disclosed due to police circumstances.

Therefore, the insured is required to disclose in full all the material facts which may be relevantto the insurer when deciding to accept the offer. Revealing relevant facts.

Direct reason theoryWhen multiple hazards occur simultaneously or continuously, it can be difficult to assess theassociated effects of each hazard or to identify one of them as the real cause of the damage. Insuch cases, the principle of direct cause helps to identify the real cause of the loss. Proximity isdescribed in Pausev. The Scottish Federation and the National Institute Company, [5] "as anactive and effective cause that triggers a chain of events that is triggered by a new independentsource and without the intervention of actively working forces. Produces results. " This is animportant and powerful reason, even if it is the closest thing to time. Therefore, in the event of aloss, it is important to investigate and identify the direct cause of the loss and determine whetherthe insurer is responsible for the loss.

The cause of the damageFire policy covers the risk of fire damage. Fire can be caused by lightning, explosion orexplosion. This could be the result of riots, strikes or malicious acts. However, these factorsshould eventually lead to fire, which should be a direct cause of damage. Therefore, losses dueto theft of property by workers are not covered by fire insurance.

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