![When An Insurance Contract Is Voidable?](/blog/content/images/size/w500/2023/11/template-1_Bimakavach-36.png)
When An Insurance Contract Is Voidable?
A voidable contract is a valid contract that may stand ‘voided’ by one of the parties if certain conditions are met. The voidability arises from the principle that both parties must act in good faith during the formation and performance of the contract.