Case Study 3 You have a history of being arrested for involving in an accident after consuming alcoholic drinks. One day

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Case Study 3
You have a history of being arrested for involving in an
accident after consuming alcoholic drinks. One day after drinking
for several hours you were involved in an accident; the other
driver was seriously injured and sued you for bodily injuries. Your
insurer refused to pay the claim as you had been found making a few
mis-presentation on the information in the application on obtaining
insurance coverage. You only realized that insurance law and
insurance contractual provisions determine whether you are covered.
You are required to discuss FOUR (4) important
concepts that are being used frequently in an insurance
contract.
(20 marks)
(Total: 20 marks)