Common use of Misrepresentation, Concealment or Fraud Clause in Contracts

Misrepresentation, Concealment or Fraud. “We” do not provide coverage for any “insured” if, before or after a loss: a. an “insured” has willfully concealed or misrepresented a material fact or circumstance that relates to this insurance or the subject thereof; or b. there has been fraudulent or false swearing by an “insured” with regard to a matter that relates to this insurance or the subject thereof. This applies even with respect to an “insured” who was not involved in the concealment, misrepresentation, fraudulent conduct, or false swearing.