| What
you need to tell us
You must tell us everything that you know, or should know,
that could affect our decision to insure you and/or the
terms on which we insure you. You must do this when you
apply for a policy, renew your policy and when you change
or reinstate your policy. When we ask you specific questions,
you must answer these questions truthfully and in a way
that a reasonable person in the circumstances would answer
them. It is important that every person who will be insured
by the policy answers all questions in this way. These requirements
are part of the Insurance Contracts Act 1984.
What
you do NOT need to tell us
You do not need to tell us anything that:
- reduces our risk
- is of common knowledge
- we know, or as an insurer should already know
- we say that we do not want to know
What
will happen if you do not tell us
If you withhold relevant information or you do not answer
our questions in the way we have described, we can reduce
the amount we pay for your claim, or we can cancel your
policy. If your failure to tell us is fraudulent, or your
answers are untruthful, we can treat your policy as if it
never existed. |