What does Concealment mean? Read on to discover the definition & meaning of the term Concealment - to help you better understand the language used in insurance policies.
Concealment means that an insured has not revealed information that could have affected the policy they bought from the insurer. It can lead to the nullification of the policy, even if the insurer has not asked about that information during the crafting of the policy.
We hope the you have a better understanding of the meaning of Concealment.