Risk Disclosure in Preserving the Interests of Parties in an Insurance Contract

Abstract

The requirement to disclose risk at the end of an insurance contract and during its duration was the subject of this research, which viewed this as a shared responsibility between the two parties. The definition of risk, the requirements for the insurer to accept it, and the legal ramifications for the contract's legality and continuation were all covered. The principles of good faith in concluding an insurance contract are shared by the laws of Jordan, Egypt, and Tunisia; however, the penalties for withholding essential risk data vary, ranging from contract rescission, amendment, or invalidation in cases of deliberate concealment.