Common use of Consumer Customers Clause in Contracts

Consumer Customers. You must take reasonable care not to make a misrepresentation to the Insurer. This means that all 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 part or all of a claim may not be paid. Non Consumer Customers : Where we arrange insurance wholly or mainly for purposes related to your trade, business or profession you have a duty to make a fair presentation of the risk. This means that you must disclose every material circumstance which you or your senior management and/or anyone responsible for arranging your insuranceknows or ought to know. Alternatively, you must disclose sufficient information which will put the insurer on notice that it needs to make further enquiries. You are expected to carry out a reasonable search in order to make a fair presentation of the risk. Your duty of fair 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 presentation, the insurer may refuse to pay your claim or reduce the settlement amount.

Consumer Customers. You must take reasonable care not to make a misrepresentation to the Insurer. This means that all answers you give and giveand 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 part or all of a claim may not be paid. Non Consumer Customers : Where we arrange insurance wholly or mainly for purposes related to your trade, business or profession you have a duty to make a fair presentation of the risk. This means that you must disclose every material circumstance which you or your senior management and/or anyone responsible for arranging your insuranceknows or ought to know. Alternatively, you must disclose sufficient information which will put the insurer on notice that it needs to make further enquiries. You are expected to carry out a reasonable search in order to make a fair presentation of the risk. Your duty of fair 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 presentation, the insurer may refuse to pay your claim or reduce the settlement amount.