YOUR DUTY OF DISCLOSURE

Please remember that it is a condition of your insurance policy to advise your insurers of all material facts. Failure to do so may result in claims not being paid or cover being declared inoperative. In addition, where specific information is requested, it is important to inform your insurers as fully and completely as possible in response to the questions asked. If you have any doubts or concerns please get in touch. In any event, it is your responsibility to ensure that we provide all information to the insurers so that they may consider the proposed risk with the benefit of the fullest possible relevant information.

UTMOST GOOD FAITH

This insurance is a contract based on the utmost good faith requiring Underwriters and proposer/insured(s) to act towards each other with the utmost good faith in respect of any matter relating to this insurance.

CLAIMS MADE

The Professional Indemnity in this proposal is a claims made insurance contract, i.e. it only covers claims made against you and notified to Underwriters during the period of insurance. However, provided you give Underwriters notice in writing of any facts that might give rise to a claim against you, as soon as reasonably practicable after you become aware of those facts and before the expiry date of this insurance, then this insurance will respond, notwithstanding the fact that no claim has actually been made against you prior to the expiry date.

LIABILITY ASSUMED UNDER AGREEMENT

Cover provided by this form of liability insurance does not cover liability which you have agreed to accept unless you would have been so liable in the absence of such agreement.