The principle of uberrimae fidei refers to:

Uberrimae fidei (utmost good faith) is the principle governing contracts of insurance, namely "The obligation of the person taking the insurance to disclose all the facts that might impact the assessment of risk truthfully and completely." (Carter v. Boehm, 1766; LIC v. Asha Goel, 2001), failing which the insurer may avoid the policy. "The nature of insurance contracts where one party may receive significantly more than the other party depending on how the circumstances evolve." describes their aleatory nature, "The nature of insurance contracts where one party draws the entire contract on a "take it or leave it" basis." describes contracts of adhesion, and "The transfer of insured's right of action against a third party who caused the loss to the insurer." is the doctrine of subrogation.