Insurance Law, the "important facts" on

Insurance Act, in essence, is an important fact: the fact that affect the risk insurers to speculate. Important form of expression that is: the fact that could lead to the emergence of insurance coverage or refused to higher insurance premiums. Determine whether the important fact that the main criteria is "prudent insurance" standard, that is, at the same time on the market and have the same general level of knowledge and ability to foresee the insurers. In fact the care insurers of the question, the common law to "consider the standards." At the same time, in order to eliminate the "consider standards" on the insured, the adverse impact of common law to develop "incentives" rules to limit the insurer's Jupei acts. The pure fact, the main standards and the causal link, a British and American insurance law on the important facts.