Home » Renewal Declaration – Truck/Yellow Plant
Commercial motor sums insured are not adjusted annually by the insurers. As such should you wish to amend your vehicle sums insured (up or down) please advise us below what value you would like insured from renewal:
Before you enter into a contract of general insurance with an insurer, You have a duty under the Insurance Contracts Act 1984, to disclose to the insurer every matter that you know, or could reasonably be expected to know that may be relevant to the decision of the insurer whether to accept the risk of the insurance and, if so, on what terms. The same duty arises at renewal, extension, variation or reinstatement of the policy.
Your duty, however, does not require disclosure of any matter:
This duty continues until the time the policy is issued and applies to all persons to be covered under this policy.
If you fail to comply with your duty of disclosure, the insurer may be entitled to reduce its liability under the policy in respect of a claim or cancel a policy. If the non-disclosure is fraudulent, the may also have the option of avoiding the policy from its beginning.
By submitting this application form you hereby declare that:
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