Common use of Duty of Disclosure Clause in Contracts

Duty of Disclosure. The Policy shall be null and void and no benefit shall be payable in the event of untrue or incorrect statements, misrepresentation, mis-description or non-disclosure of any material particulars in the proposal form, personal statement, declaration, claim form declaration, medical history on the claim form and connected documents, or any material information having been withheld by You or any one acting on Your behalf, under this Policy. You further understand and agree that We may at Our sole discretion cancel the Policy and the premium paid shall be forfeited to Us.

Appears in 5 contracts

Samples: irdai.gov.in, policyholder.gov.in, www.irdai.gov.in

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Duty of Disclosure. The Policy shall be null and void and no benefit Benefit shall be payable hereunder in the event of an untrue or incorrect statementsstatement, misrepresentation, mis-description or non-disclosure of any material particulars particular in the proposal formProposal Form, personal statementstatements, declaration, claim form declarationdeclarations, medical history on the claim form and connected documents, or any material information having been withheld by You the Policyholder/Insured Person or any one acting on Your their behalf, under this Policy. You further understand and agree that Under such circumstances We may at Our sole discretion cancel the Policy and the premium paid shall be forfeited to Us.

Appears in 4 contracts

Samples: www.adityabirlacapital.com, www.adityabirlacapital.com, irdai.gov.in

Duty of Disclosure. The Policy shall be null and void and no benefit shall be payable in the event of untrue or incorrect statements, misrepresentation, mis-description or non-disclosure of any material particulars in the proposal form, personal statement, declaration, claim form declaration, medical history on the claim form and connected documents, or any material information having been withheld by You You/Insured Person or any one acting on Your Your/their behalf, under this Policy. You further understand and agree that We may at Our sole discretion cancel the Policy and the premium paid shall be forfeited to Us.

Appears in 2 contracts

Samples: irdai.gov.in, www.irdai.gov.in

Duty of Disclosure. The Policy shall be null and void and no benefit Benefit or Optional Benefit shall be payable hereunder in the event of an untrue or incorrect statementsstatement, misrepresentation, mis-mis- description or non-disclosure of any material particulars particular in the proposal formGroup Proposal Form, personal statementstatements, declaration, claim form declarationdeclarations, medical history on the claim form and connected documents, or any material information having been withheld by You the Policyholder or any one acting on Your their behalf, under this Policy. You further understand and agree that Under such circumstances We may at Our sole discretion cancel the Policy and the premium paid shall be forfeited to Us.

Appears in 1 contract

Samples: www.eindiainsurance.com

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Duty of Disclosure. The Policy shall be null and void and no benefit Benefit or Optional Benefit shall be payable hereunder in the event of an untrue or incorrect statementsstatement, misrepresentation, mis-description or non-disclosure of any material particulars particular in the proposal formGroup Proposal Form, personal statementstatements, declaration, claim form declarationdeclarations, medical history on the claim form and connected documents, or any material information having been withheld by You the Policyholder or any one acting on Your their behalf, under this Policy. You further understand and agree that Under such circumstances We may at Our sole discretion cancel the Policy and the premium paid shall be forfeited to Us.

Appears in 1 contract

Samples: www.manipalcigna.com

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