If an applicant for insurance informs his broker of all material facts regarding the risk, and the broker does not pass those facts along to the insurer, it's possible that the insurer can legally deny any subsequent claim.

Question

Quizplus · Accepted Answer

It is the broker's responsibility to disclose all material facts to the insurer, and failure to do so can lead to a denial of a subsequent claim.

If an Applicant for Insurance Informs His Broker of All