https://www.insurerbrain.com/w/index.php?action=history&feed=atom&title=Definition%3ANon-disclosure 2026-05-03T16:20:29Z Revision history for this page on the wiki MediaWiki 1.43.8 https://www.insurerbrain.com/w/index.php?title=Definition:Non-disclosure&diff=9488&oldid=prev 2026-03-11T05:27:48Z

<p>Bot: Creating new article from JSON</p> <p><b>New page</b></p><div>📋 &#039;&#039;&#039;Non-disclosure&#039;&#039;&#039; in insurance occurs when an applicant or [[Definition:Policyholder | policyholder]] fails to reveal material information to an [[Definition:Underwriter | underwriter]] during the application, [[Definition:Underwriting | underwriting]], or renewal process. Because insurance contracts are built on the principle of [[Definition:Utmost good faith | utmost good faith]] (often expressed by the Latin phrase [[Definition:Uberrima fides | uberrima fides]]), both parties have a duty to share all facts that could influence the assessment of a risk. When that duty is breached — whether through intentional concealment or innocent omission — the insurer may have grounds to [[Definition:Rescission | rescind]] or void the policy.<br /> <br /> 🔍 The practical impact depends on jurisdictional law and whether the non-disclosure was deliberate or accidental. In many U.S. states, an insurer must demonstrate that the undisclosed information was [[Definition:Materiality | material]] — meaning a reasonable underwriter would have made a different decision about [[Definition:Premium | premium]], terms, or acceptance of the risk had the information been known. In [[Definition:Lloyd&#039;s of London | Lloyd&#039;s]] and other [[Definition:London market | London market]] settings, the duty of disclosure has historically been broader, though the UK&#039;s Insurance Act 2015 refined it into a &quot;duty of fair presentation.&quot; When non-disclosure is discovered after a [[Definition:Insurance claim | claim]] is filed, the carrier may deny the claim, adjust the payout, or void the policy retroactively, depending on the severity and intent behind the omission.<br /> <br /> ⚠️ Robust underwriting workflows and clear [[Definition:Insurance application | application]] questionnaires are the primary defenses against non-disclosure. Increasingly, [[Definition:Insurtech | insurtech]] platforms use data enrichment from third-party sources, [[Definition:Predictive analytics | predictive analytics]], and automated cross-checks to surface information an applicant may have omitted — intentionally or not. For insurers, catching non-disclosure before binding coverage is far preferable to litigating it after a loss, which is costly, damages customer relationships, and can attract regulatory scrutiny.<br /> <br /> &#039;&#039;&#039;Related concepts:&#039;&#039;&#039;<br /> {{Div col|colwidth=20em}}<br /> * [[Definition:Utmost good faith]]<br /> * [[Definition:Misrepresentation]]<br /> * [[Definition:Materiality]]<br /> * [[Definition:Rescission]]<br /> * [[Definition:Duty of disclosure]]<br /> * [[Definition:Warranty (insurance)]]<br /> {{Div col end}}</div>

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