BLP Your Duty of Disclosure

Your Duty of Disclosure

Before you enter into an insurance contract, you have a duty to tell us anything that you know, or could reasonably be expected to know, may affect our decision to insure you and on what terms.

You have this duty until we agree to insure you.

You have the same duty before you renew, extend, vary, or reinstate the contract.

You do not need to tell us anything that:

  • reduces the risk we insure you for;
  • is common knowledge;
  • we know or should know as an insurer; or
  • we waive your duty to tell us about.

If you do not tell us anything you are required to tell us, we may cancel your contract or reduce the amount we will pay you if you make a claim, or both

If your failure to tell us is fraudulent, we may refuse to pay a claim and treat the contract as if it never existed.

Please note: If you are an authorised person, by providing information to us you are confirming you have the appropriate authority and knowledge of the answers you are providing on behalf of the policyholder and to anyone else to whom the questions may apply.