Common use of PROPOSAL FORMS Clause in Contracts

PROPOSAL FORMS. For certain classes of insurance, you may be required to complete a proposal form or similar document. We will provide guidance, but we are not able to complete the document for you. Our objective is to obtain the best product we can identify in order to meet your insurance needs. In order to make our business relationship work, you must provide complete and accurate information and instructions in a timely manner, so that we can assist you fully. Please bear in mind that insurers are not always obliged to make enquiries of you. Indeed, you are often under a duty to make full disclosure of all material facts, including all information which is material to the coverage requirements or which might influence insurers in deciding to accept your business, finalising the terms to apply and/or the cost of cover must be disclosed, and also to respond fully and frankly to any requests for information made by insurers. Failure to make full disclosure of material facts may allow insurers to avoid liability for a particular claim or to void the contract. Where applicable, this duty of disclosure applies equally at renewal of the contracts and on taking out new insurance contracts. We will not be responsible for any consequences which may arise from any delayed, inaccurate or incomplete information, or any misrepresentation made by you (or your employees or their dependants). Please discuss with us if you have any doubts about what is material or have any concerns that we may not have material information or have any doubt about what the applicable duty of disclosure is.

PROPOSAL FORMS. For certain classes of insurance, you insurance the assured may be required to complete a proposal form or similar document. We will provide guidance, guidance but we are not able to complete the document for youyour client. Our objective is to obtain the best product we can identify in order to meet your the assured’s insurance needs. In order to make our business relationship work, you must provide complete and accurate information and instructions in a timely manner, so that we can assist you fully. Please bear in mind that insurers are not always obliged to make enquiries of youyou or the assured. Indeed, you or the assured are often under a duty to make full disclosure of all material facts, including all information which is material to the coverage requirements or which might influence insurers in deciding to accept your business, finalising the terms to apply and/or the cost of cover must be disclosed, and also to respond fully and frankly to any requests for information made by insurers. Failure to make full disclosure of material facts may allow insurers to avoid liability for a particular claim or to void the contract. Where applicable, this duty of disclosure applies equally at renewal of the contracts and on taking out new insurance contracts. We will not be responsible for any consequences which may arise from any delayed, inaccurate or incomplete information, or any misrepresentation made by you (or your employees or their dependantsthe assured). Please discuss with us if you have any doubts about what is material or have any concerns that we may not have material information information, or have any doubt about what the applicable duty of disclosure is.

PROPOSAL FORMS. For certain classes of insurance, you You may be required to complete a proposal form form, questionnaire or similar document. We will provide guidance, guidance but we are not able allowed to complete the document on your behalf. Disclosure of Information You are responsible for youproviding us with the information we request from you to enable us to seek the cover sought. Our objective is We will not be responsible for any consequences which may arise from any delay or failure by you to obtain the best product we can identify in order to meet your insurance needsdo so. In order to make our business relationship workFurther, you must provide complete and accurate information and instructions in a timely manner, so that we can assist you fully. Please bear in mind that insurers are not always obliged to make enquiries of you. Indeed, you are often under a duty to make full disclosure of all material facts, including all information which is material to the your coverage requirements or which might influence insurers in deciding to accept your business, finalising the terms to apply and/or the cost of cover must be disclosed, and also . There is no duty on insurers to respond fully and frankly to any requests for information made by insurersmake enquiries of you. Failure to make full such disclosure of material facts may allow allows insurers to avoid liability for a particular claim or to void the contractpolicy. Where applicable, this This duty of disclosure applies equally at renewal of the contracts your policies and on taking out new insurance contracts. We will not be responsible for any consequences which may arise from any delayed, inaccurate or incomplete information, or any misrepresentation made by you (or your employees or their dependants)policies. Please discuss with us if you have any doubts about what is material or have any concerns that we may not have be aware of material information or have information. Your Policy You are responsible for reviewing the evidence of insurance cover to confirm that it accurately reflects the cover, conditions, limits and other terms that you require. Particular attention should be paid to any doubt about what the applicable duty of disclosure ispolicy conditions, warranties and claims notification provisions as failure to comply may invalidate your coverage. If there are any discrepancies, you should consult us immediately.

PROPOSAL FORMS. For certain classes of insurance, you may be required to complete a proposal form or similar document. We will provide guidance, but we are not able to complete the document for you. Our objective is to obtain the best product we can identify in order to meet your insurance needs. In order to make our business relationship work, you must provide complete and accurate information and instructions in a timely manner, so that we can assist you fully. Please bear in mind that insurers are not always obliged to make enquiries of you. Indeed, you are often under a duty to make full disclosure of all material factsmaterialfacts, including all information which is material to the coverage requirements or which might influence inf luence insurers in deciding to accept your business, finalising f inalising the terms to apply and/or the cost of cover must be disclosed, and also to respond fully and frankly f rankly to any requests for information made by insurers. Failure to make full disclosure of material facts may allow insurers to avoid liability for a particular claim or to void the contract. Where applicable, this duty of disclosure applies equally at renewal of the contracts and on taking out new insurance contracts. We will not be responsible for any consequences which may arise from f rom any delayed, inaccurate or incomplete information, or any misrepresentation made by you (or your employees or their dependants). contract documents in a safe place. Please discuss with us if you have any doubts about what is material or have any concerns that we may not have material information or have any doubt about what the applicable duty of disclosure is.