What does Disclosure mean? Read on to discover the definition & meaning of the term Disclosure - to help you better understand the language used in insurance policies.
Disclosure is the complete and full revealing of information relevant to a particular issue. In the context of insurance, it refers to each party's duty to accurately reveal pertinent information in an insurance contract. In other words, it means that neither the insurer nor the party seeking insurance should withhold critical information while making an insurance contract.
We hope the you have a better understanding of the meaning of Disclosure.