Which of the following statement is correct?
The doctrine of adhesion states that you can bargain or ask insurer to change the terms of the insurance contract as per your needs.
While applying for life insurance, it becomes your duty to disclose your past illnesses to the insurer, according principle of utmost good faith
While applying for life insurance, it becomes your duty to disclose your past illnesses to the insurer, according principle of insurable interest
While applying for life insurance, it becomes your duty to disclose your past illnesses to the insurer, according principle of subrogation
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