Category: For Business

Business Insurance
24 Nov

Business Insurance

Why Does Your Business Need Insurance in Australia? Managing risk, minimizing losses, and protecting your livelihood are essential for any business. Business insurance in Australia helps safeguard the equipment,...

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Business Insurance

Business Insurance

November 24, 2024

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Phone

(+61) 450-895-589

Email

info@leinsurance.com.au

Location

Level 1, 295 Chapel Rd Bankstown 2200

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Your duty to take reasonable care not to make a misrepresentation

When you apply for, renew, vary, extend or reinstate a consumer insurance contract, you have a legal duty to take reasonable care not to make a misrepresentation to the insurer. This means answering the insurer's questions honestly, accurately and completely. If you do not, the insurer may cancel your policy, reduce or refuse a claim, or treat the contract as if it never existed.

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