Disclaimer
STATEMENT Pursuant to Schedule 9 of the Financial Services Act 2013
A "consumer insurance contract" is a contract of insurance entered into, varied or renewed by an individual wholly for purposes unrelated to your trade, business or profession.
In relation to non-consumer insurance contracts STATEMENT pursuant to Paragraph 4, Schedule 9 of the Financial Services Act 2013, you are to disclose in this form any matter that: (a) you know to be relevant to the decision of the insurer on whether to accept the risk or not and the rates and terms to be applied; or (b) a reasonable person in the circumstances could be expected to know to be relevant. This duty of disclosure shall continue until the time the contract is entered into, varied or renewed. Failure to take reasonable care in answering the questions may result in avoidance of your contract of insurance, refusal or reduction of your claim(s), change of terms or termination of your contract of insurance.
In relation to consumer insurance contracts STATEMENT pursuant to Paragraph 5, Schedule 9 of the Financial Services Act 2013, you are under a duty to take reasonable care not to make a misrepresentation when answering any specific questions that are relevant to the decision of the insurer on whether to accept the risk or not and the rates and terms to be applied. This duty of disclosure shall continue until the time the contract is entered into, varied or renewed. Failure to take reasonable care in answering the questions may result in avoidance of your contract of insurance, refusal or reduction of your claim(s), change of terms or termination of your contract of insurance.