Material Facts

Information or facts you’re aware of that could affect an insurance company’s decision about whether to insure you and at what cost.

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E.g. You may currently be getting checked, or have pending tests for which you are awaiting results, or you may have been prescribed tests that have yet to be completed.

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It is important to fully disclose these facts when applying for insurance so that the insurance company can properly assess your application.

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Intentionally omitting material facts could result in cancellation of your policy, or refusal to pay claims.

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By fully disclosing, it ensures that the insurance company is aware of all the facts when assessing your application, and that you can rely fully on the coverage when you really need it.