Common use of YOUR DUTY OF DISCLOSURE Clause in Contracts

YOUR DUTY OF DISCLOSURE. Consumers: You must take reasonable care not to make a misrepresentation to the insurer. This means that all the answers you give and statements you make as part of your insurance application, including at renewal and when an amendment to your policy is required, should be honest and accurate. If you deliberately or carelessly misinform the insurers, this could mean that part of or all of a claim may not be paid. Non-Consumer Customers: Where we arrange insurance wholly or mainly for purposes relating to your trade, business or profession you have a duty under The Insurance Xxx 0000 to make a fair presentation of the risk. This means that you must disclose every material circumstance which you and/or your senior management and/or anyone responsible for arranging your insurance know or ought to know. Alternatively, you must disclose sufficient information which would put the insurer on notice that it needs to make further enquiries for the purpose of revealing those material circumstances. You are expected to carry out a reasonable search in order to make a fair representation of the risk and will be deemed to know what should reasonably have been revealed by the search. Your duty of fair representation applies at the start of the policy, at renewal and when any variation of the policy is arranged. If you fail to make a fair representation, the insurer may refuse to pay your claim or reduce the settlement amount, depending on the circumstances.

YOUR DUTY OF DISCLOSURE. Consumers: You must take reasonable care not to make a misrepresentation to the insurer. This means that all the answers you give and statements you make as part of your insurance application, including at renewal and when an amendment to your policy is required, should be honest and accurate. If you deliberately or carelessly misinform the insurers, this could mean that part of or all of a claim may not be paid. Non-Consumer Customers: Where we arrange insurance wholly or mainly for purposes relating to your trade, business or profession you have a duty under The Insurance Xxx 0000 to make a fair presentation of the risk. This means that you must disclose every material circumstance which you and/or your senior management and/or anyone responsible for arranging your insurance know or ought to know. Alternatively, you must disclose sufficient information which would put the insurer on notice that it needs to make further enquiries for the purpose of revealing those material circumstances. You are expected to carry out a reasonable search in order to make a fair representation presentation of the risk and will be deemed to know what should reasonably have been revealed by the search. Your duty of fair representation presentation applies at the start of the policy, at renewal and when any variation of the policy is arranged. If you fail to make a fair representationpresentation, the insurer may refuse to pay your claim or reduce the settlement amount, depending on the circumstances.

YOUR DUTY OF DISCLOSURE. ConsumersRetail: You must take reasonable care not to make a misrepresentation to the insurer. This means that all the answers you You give and statements you You make as part of your Your insurance application, including at renewal and when an amendment to your Your policy is required, should be honest and accurate. If you You deliberately or carelessly misinform the insurers, this could mean that part of or all of a claim may not be paid. Non-Consumer CustomersCommercial: Where we arrange If the insurance is arranged wholly or mainly for purposes relating related to your Your trade, business or profession you profession, You have a duty under The Insurance Xxx 0000 to make a fair presentation of the risk. This means that you You must disclose every material circumstance which you and/or your You and/ or Your senior management and/or anyone responsible for arranging your Your insurance know knows or ought to know. Alternatively, you You must disclose sufficient information which would put the insurer on notice that it needs to make further enquiries for the purpose of revealing those material circumstances. You are expected to carry out a reasonable search in order to make a fair representation presentation of the risk and will be deemed to know what should reasonably have been revealed by the search. Your duty of fair representation presentation applies at the start of the policy, at renewal and when any variation of the policy is arranged. You are expected to carry out a reasonable search in order to make a fair presentation of the risk and will be deemed to know what should reasonably have been revealed by the search. If you You fail to make a fair representationpresentation, the insurer may refuse to pay your Your claim or reduce the settlement amount, depending on the circumstances.

YOUR DUTY OF DISCLOSURE. Consumers: You must take reasonable care not to make a misrepresentation to the insurer. This means that all the answers you give and statements you make as part of your insurance application, including at renewal and when an amendment to your policy is required, should be honest and accurate. If you deliberately or carelessly misinform the insurers, this could mean that part of or all of a claim may not be paid. Non-Consumer Customersconsumer customers: Where we arrange If the insurance is arranged wholly or mainly for purposes relating related to your trade, business or profession profession, you have a duty under The Insurance Xxx 0000 to make a fair presentation of the risk. This means that you must disclose every material circumstance which you and/or and/ or your senior management and/or anyone responsible for arranging your insurance know knows or ought to know. Alternatively, you must disclose sufficient information which would put the insurer on notice that it needs to make further enquiries for the purpose of revealing those material circumstances. You are expected to carry out a reasonable search in order to make a fair representation presentation of the risk and will be deemed to know what should reasonably have been revealed by the search. Your duty of fair representation presentation applies at the start of the policy, at renewal and when any variation of the policy is arranged. If you fail to make a fair representationpresentation, the insurer may refuse to pay your claim or reduce the settlement amount, depending on the circumstances. PURCHASES MADE ON BEHALF OF A THIRD PARTY If you are purchasing a policy on behalf of another person or a group or team, it is your responsibility to ensure that the duty of disclosure is met for each of the persons for whom cover is being purchased. It is also your obligation to ensure that each person on whose behalf insurance has been purchased is aware of the full details of the cover. We are unable to accept responsibility for loss should a claim be rejected due to the non-disclosure of a third party insured.