Bharti AXA INSURANCE GLOSSARY Duty Of Disclosure Insurance is considered a contract governed by utmost good faith. A person applying for insurance has a duty to disclose all relevant information before the insurance contract is entered into. It is essential that a policyholder/applicant fulfils their duty of disclosure as otherwise the insurance policy may be considered void at the time of claim processing. When applying for insurance, the applicant must: Answer all the questions included in the proposal form fully and to the best of their knowledge Answer questions that ask for details with precise information If a “tick the box” question does not have an option that applies to their case, the applicant should write an answer Do not be restricted by the space provided in the form, in case a paper-based application is made. Add additional sheets of papers, if necessary to disclose all relevant information. In case of innocent non-disclosure, the claim may not be rejected if the proposal would not have been rejected if the full-disclosure was made. Though, if the non-disclosure affects the insurers willingness to accept the risk – the claim would be rejected. In case of fraudulent non-disclosure, the insurer may sue the applicant for damages. Request Call Back Category * - Select -CarTwo WheelerHealthTravelPersonal Accident Buy Renew Claim submit Related Posts Disclaimer : The information published on this website is for the public's reference only. Content of this information is to provide an overview of your Travel needs and should not be relied upon for personal, medical, legal or financial decisions and you should consult an appropriate professional for specific advice. Bharti AXA General Insurance Company Limited makes no representations about the suitability, reliability, timeliness, and accuracy of the information, travel, services, or any other items mentioned on this subject for any purpose whatsoever.