Contents

Key Takeaways:

  • You don’t need to disclose everything - things that reduce the insurer’s risk, common knowledge, and info the insurer already knows are not required
  • Answer all application questions honestly and accurately - guessing or leaving things out can give grounds to deny a future claim
  • If anything changes after you’ve taken out a policy, update your insurer promptly - especially at renewal time
  • Work with a broker if you’re unsure what’s relevant - they can double-check with the insurer

Tips to Meet Your Duty of Disclosure

Practical tips for meeting your insurance duty of disclosure


Under the Duty of Disclosure, you don’t have to share every single detail about your life.

You’re not required to disclose information that reduces the insurer’s risk (e.g., if your home has a top-notch security system), things that are common knowledge including general weather risks, details the insurer already knows or should know in their line of work and information the insurer has specifically said they don’t need.

Given that there are details you don’t need to disclose, you might be wondering how you can ensure you meet your Duty of Disclosure.

Here are some practical tips for you:

  1. Answer Questions Honestly: Whether it’s about your health, driving record or business operations, always provide accurate information to the best of your knowledge.

  2. Read the Fine Print: Pay attention to the questions on the application form or renewal documents. If something’s unclear, ask an insurance broker to clarify.

  3. Update Your Insurer: If something changes after you’ve applied, such as moving to a new house or starting a new business activity, let your insurer know, especially if you’re updating or renewing your policy.

  4. Work with a Broker: An insurance broker can help you understand what information is relevant and make sure you’re sharing the right details with the insurer.

  5. Don’t Guess: If you’re unsure about something, let a broker know. Brokers can double-check with the insurer. It’s better to be safe than sorry.

Got any questions? Don’t hesitate to reach out to us at Tank Insurance. We’re here to make the process easier for you. Duty of disclosure is especially important for professional indemnity policies where claims history matters.

You can also read our blog for other info you might need.

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