| 单词 | utmost good faith |
| 释义 | utmost good faith in British Englishnoun a principle used in insurance contracts, legally obliging all parties to reveal to the others any information that might influence the others' decision to enter into the contract Also called: uberrima fidesutmost good faith in Insurance (ʌtmoʊst gʊd feɪθ) or uberrima fides noun (Insurance: General) Utmost good faith is a principle used in insurance contracts that legally obliges all parties to revealto the others all important information. Insurance contracts are agreements made in the utmost good faith, which implies a standard of honesty greater than that usually required in most ordinarycommercial contracts. The policy is voidable if utmost good faith is not observed by both parties. Utmost good faith is a principle used in insurance contracts that legally obliges all parties to revealto the others all important information. |
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