Statement of Fact. For most classes of business, a Statement of Fact will be issued, this will contain material facts where assumptions have been made. Please pay particular attention to the duties of disclosure (see below), as it is essential that we and/or the insurers are informed of all material facts before placing cover on your behalf. All Statement of Facts will be provided by JCB Insurance Services Ltd, if any of the information noted is incorrect, you must notify us immediately. • It is your responsibility as agent of the client to make a fair presentation of the risk to us when obtaining cover (and throughout the term of the policy and at the renewal), whether or not proposal forms are applicable or completed • You must disclose to us every material circumstance which your client or you as agent know or ought to know • You must ensure that, in such disclosure, any material representation as to a:
Appears in 2 contracts
Sources: Terms of Business Agreement, Terms of Business Agreement