FACTS, WHICH MUST BE DISCLOSED :

(i) Facts, which show that a risk represents a greater exposure than would be expected from its nature e.g., the fact that a part of the building is being used for storage of inflammable materials.

(ii) External factors that make the risk greater than normal e.g. the building is located next to a warehouse storing explosive material.

(iii) Facts, which would make the amount of loss greater than that normally expected e.g. there is no segregation of hazardous goods from non-hazardous goods in the storage facility.

(iv) History of Insurance (a) Details of previous losses and claims (b) if any other Insurance Company has earlier declined to insure the property and the special condition imposed by the other insurers; if any.

(v) The existence of other insurances.

(vi) Full facts relating to the description of the subject matter of Insurance