Duty of Disclosure

If you purchase insurance from Terri Scheer Insurance, the information you provide during Online Quote and Purchase (including the answers to any questions we have asked you) will form part of your application for insurance. Before commencing the Online Quote therefore it is very important that we have explained your Duty of Disclosure obligations.

Your Duty of Disclosure

Before you enter into an insurance contract, you have a duty of disclosure under the Insurance Contracts Act 1984.

If we ask you questions that are relevant to our decision to insure you and on what terms, you must tell us anything that you know and that a reasonable person in the circumstances would include in answering the questions.

You have this duty until we agree to insure you.

If you do not tell us something

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.

By proceeding you agree that you have read and understand your Duty of Disclosure.

The quote is available for 30 days from the date it is generated. It is not a contract of insurance and does not provide cover.