Mr Aderemi owns a car which was insured under comprehensive policy. while insuring the car, he did not inform the company that his wife who have no driving ...

Answer Details

The insurance principle that deals with Mr. Aderemi's failure to inform the insurer about his wife's usage of the car is "utmost good faith". Utmost good faith is a fundamental principle of insurance that requires both the insured and the insurer to act with honesty, integrity, and transparency when dealing with each other. In this case, Mr. Aderemi failed to disclose the fact that his wife also drives the car, which is a material fact that could affect the risk and premium charged by the insurance company. By failing to disclose this information, Mr. Aderemi acted in bad faith, and this could result in the insurer denying the claim for damages caused by the rioters. Therefore, it is important for the insured to provide all relevant information to the insurer at the time of taking the policy, to avoid any issues or disputes during the claims process.