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OpenStudy (anonymous):

Why is disclosure important when taking out insurance?

OpenStudy (rina.r):

Disclosure, is telling the insurance company 1. information that is important and 2. information that they are asking for. Because the insurance you get is based on the information you provide, providing false information, or not providing material (crucial) information, voids your policy. http://answers.yahoo.com/question/index?qid=20130620131902AAjpW5q

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