8.6.2　Principle of Good Faith诚信原则

This principle requires utmost good faith on the part of the insured and the insurer.For example,if you are the insured,you have a duty to disclose to the insurer any relevant information about the cargo that is known before you apply for coverage,such as the nature of the goods and their inherent vice,as this information may influence the insurer’s decisions.If either of you fails to observe good faith,the other may cancel the contract.For example,the CIC clause excludes,amongothers,an underwriter’s liability for the “loss or damage arising from the inferior quality or shortage of the insured goods prior to the attachment of this insurance”and “loss or damage arising from normal loss,inherent vice or nature of the insured goods”.