Insurance 101 – Chapter 8 – Volume 30 – Rescission – 6

Rescission – 6

In general, concealment involves the suppression or withholding of information. An intentional concealment of a material fact by an  applicant for insurance provides the insurer with a valid defense to a claim or the basis for rescission of the insurance contract.38 In this case the applicant concealed the names of the treating physicians. In most states, not including California, if the applicant’s failure to reveal information is not an intentional concealment, such conduct does not constitute a sufficient basis for a defense by an insurer.

The following video was adapted from my book, “Insurance Claims A Comprehensive Guide” Published by the National Underwriter Company and is available at the Zalma Insurance Claims Library

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