Common use of PRIOR CLAIMS AND CIRCUMSTANCES Clause in Contracts

PRIOR CLAIMS AND CIRCUMSTANCES. 1. Does the Applicant or other proposed insured, or any director, officer or employee of the Applicant or other proposed insured have knowledge of or information regarding any fact, circumstance, situation, event or transaction which may give rise to a claim or loss or obligation to provide breach notification under the proposed insurance? If yes, please provide details: Yes No