Duty of Disclosure requirements – not an annual activity
Why is continual and accurate disclosure to an insurer vital? Because absent or inaccurate disclosure can impact a policy’s validity and protection. Disclosure of material facts must be considered regularly – not annually. Covid has impacted many organisations – employee work locations and new work practices for example. Ensuring your insurer is aware of such changes is important. We’d be happy to discuss this topic during ILA Directors’ Day. Or contact us for our Duty of Disclosure document.