utmost good faith

Definition

Legally, the parties to an insurance contract are assumed to have entered the contract in the 'utmost good faith,' which means they have not misrepresented any facts and intend to abide by the terms of the contract.

Use utmost good faith in a sentence

You should always try and make sure you have a good enough reputation that anyone will trust your utmost good faith.

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When signing the insurance agreement they were going into it with utmost good faith and assumed the other party was as well.

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After discovering some suspicious line items in their annual budget, the insurer had to question whether or not the firm had previously made its commitments with utmost good faith.

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