CMFAS BCP Principles of Insurance question: Singapore's Insurance Act replaces the strict common-law duty of disclosure with a duty

For a CONSUMER insurance contract, Singapore's Insurance Act replaces the strict common-law duty of disclosure with a duty on the consumer to:

• A Take reasonable care not to misrepresent, with the insurer expected to ask clear questions
• B Volunteer every material fact about the risk, whether or not the insurer asks
• C Obtain advice from a licensed representative and sign a declaration that all facts were disclosed
• D Warrant that every answer is true, so that any error lets the insurer avoid the policy