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Good Faith

Sport DictionaryMaritime Terms
A basic principle of insurance. The assured and his broker must disclose and truly represent every material circumstance to the underwriter before acceptance of the risk. A breach of good faith entitles the underwriter to avoid the contract.
See also: M Course , G , 1912 , A board , P GS

 

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List of Terms: Terms beginning with "A", Page 1

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A: Page 1 of 53.

A
A board
A ground
A head
A hull
A long sea
A main
A midships
A peek
A-LEE
A-WEATHER
A-WEIGH


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