Concept:Insurance contracts require both parties to be completely honest with each other.Explanation:The principle of uberrimae fidei means utmost good faith.It requires the insured person to provide accurate and truthful information about the property being insured.By overstating the actual value of his property, Mr P is not acting honestly.He intends to deceive the insurer and possibly claim more than the real loss.This breach of honesty violates the principle of utmost good faith.Answer:C. Uberrimae fidei
