Important note
The insurance Act 2015 & Your Responsibility
You are under a duty to make a fair representation of the risk to us before inception, renewal and alteration of your policy.
This means that you must tell us about and/or provide to us all material information or tell us and/or provide to us sufficient information to alert us of the need to make further enquiries to reveal such material information.
This information needs to be provided in a clear and accessible manner.
Material facts are those which are likely to influence us in the acceptance of the terms or pricing of your policy.
If you have any doubts as to whether any information is material you should provide it to us.
Failure to disclose any material fact may invalidate your policy in its entirety or may result in your policy not responding to all or part of an individual claim or class of claims.
In order to comply with your duty to make a fair representation you must also have conducted reasonable searches for all relevant information held:
- within your business (including that held by your senior management and anyone who is responsible for your insurance); and
- by any other person (such as your broker, intermediary or agent or a person for whom cover is provided by this insurance)