Circumstances which may lead to the termination of an insurance contract

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  • If it is not for a legal purpose.
  • Failure to renew a contract.
  • When the insurer is finally wound.
  • Not obeying i.e. going against the principle of uberima fides.
  • Insolvement
  • When the parties don’t have legal capacity to contract
  • When the terms and conditions of the contract are not acceptable to the insurer and the insured.
  • Where there lacks a payment and a consideration.



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