Common use of Duty of Fair Presentation Clause in Contracts

Duty of Fair Presentation. 9.1 You are responsible for informing Your clients that under the Insurance Xxx 0000, they are required, before a new business, mid-term or renewal contract is concluded, to disclose without material misrepresentation and in a clear and accessible manner:  every material circumstance (as defined by the Act) they know, or ought to know, that would influence the judgement of an insurer in deciding whether to insure the risk and on what terms; or  sufficient information to put an insurer on notice that it needs to make further enquiries about potentially material circumstances.

Duty of Fair Presentation. 9.1 You are responsible for informing Your clients that under the Insurance Xxx 0000, they are required, before a new business, mid-term or renewal contract is concluded, to disclose without material misrepresentation and in a clear and accessible manner:  ▪ every material circumstance (as defined by the Act) they know, or ought to know, that would influence the judgement of an insurer in deciding whether to insure the risk and on what terms; or  ▪ sufficient information to put an insurer on notice that it needs to make further enquiries about potentially material circumstances.

Duty of Fair Presentation. 9.1 You are responsible for informing Your clients that under the Insurance Xxx 0000, they are required, before a new business, mid-term or renewal contract is concluded, to disclose without material misrepresentation and in a clear and accessible manner:  § every material circumstance (as defined by the Act) they know, or ought to know, that would influence the judgement of an insurer in deciding whether to insure the risk and on what terms; or  § sufficient information to put an insurer on notice that it needs to make further enquiries about potentially material circumstances.

Duty of Fair Presentation. 9.1 You are responsible for informing Your clients that under the Insurance Xxx 0000Act 2015, they are required, before a new business, mid-term or renewal contract is concluded, to disclose without material misrepresentation and in a clear and accessible manner:  ▪ every material circumstance (as defined by the Act) they know, or ought to know, that would influence the judgement of an insurer in deciding whether to insure the risk and on what terms; or  ▪ sufficient information to put an insurer on notice that it needs to make further enquiries about potentially material circumstances.