Which of the following best defines concealment?
A) It is a willful failure to disclose any information pertinent to the insurance contract by the insured.
B) It is an unintentional failure to disclose any information pertinent to the insurance contract by the insurer.
C) It is an unintentional failure to disclose any information pertinent to the insurance contract by the underwriter.
D) It is a willful failure to disclose any information irrelevant to the insurance contract by the insurer.

Question

Quizplus · Accepted Answer

Concealment refers to the intentional withholding of information by the insured that is relevant to the insurance contract, which can affect the insurer's decision to provide coverage or the terms of the policy.

Which of the Following Best Defines Concealment