MAXIMUM GOODNESS (UTMOST GOOD FAITH)
Parties to an insurance contract, insured with the insurer. Insurance company, goods to be insured, He does not have any information about the matter of life or responsibility and has to rely on the information provided by the other party.. On the other hand, The person who fills out the offer form to insure his interest is also, must rely on the technical information provided by the insurer in determining the product for their needs..
The common point for both parties during the creation of the insurance contract, They have to completely trust the information provided by the other party.. One of the parties provides unreal information to the other party due to not being in good faith., Mislead the other party and force them to enter into a contract that they do not want and violate the principle of good faith, gives the other party the right to terminate the contract.