I hope that this thesis may be able to gain more information about duty of disclosure and take solution point. The assured must disclose to the insurer, before the contract is concluded, every important circumstance which is known to the assured, and ...
I hope that this thesis may be able to gain more information about duty of disclosure and take solution point. The assured must disclose to the insurer, before the contract is concluded, every important circumstance which is known to the assured, and the assured is deemed to know every circumstance which, in the ordinary course of business, ought to be known by him. If the assured fails to make such disclosure, the insurer may avoid the contract. Every circumstance is material which would influence the judgment of a prudent insurer in fixing the premium or determining whether he will take the risk. With a view to examine the conclusion, this paper studied, what the concept duty of disclosure, what the theoretical ground of the duty of disclosure.<br/>
The goal of this thesis is to explain the cause of the conflict of opinions and find the way of settlement. In this study, the author discuss various interrogations about the duty of disclosure and representation material facts in the contract of insurance. What is the most important thing? The insurance consumer should be protect.<br/>
The author has an purpose to some extent help to systematic legal aspects of the insured's duty in korea by clarifying its fundamental structure and embody and by indicating its theoretical and practical problems.<br/>
I wish that this thesis may be able to take more intelligence or of some help to those dealing with duty of disclosure and representation problems.<br/>