The duty of disclosure is an obligation of the → policyholder. Among other things, he must fulfil the following notification obligations:

• When applying for or concluding an insurance contract, he must inform the insurance company of the type and scope of the → Risks truthfully and completely.
• If there is a change in the insured → Risks (e.g. a → Increase in risk), it must be assigned to the → Insurer

After the occurrence of a → Loss eventhe must give the → Insurer truthfully and completely report all circumstances relevant to the claim.