What is CHANGE OF CONDITION CLAUSE?

One or more statements in insurance contracts requiring that all conditions detailed in the application by the applicant must still hold true when the policy is delivered for an insurance policy to become effective.

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Related Legal Terms
CHANGE IN OCCUPANCY OR USE CLAUSE, MATERIAL ADVERSE CHANGE (MAC) CLAUSE, PREEXISTING CONDITION, CONDITION PRECEDENT, CONDITION SUBSEQUENT, LIBERALIZATION CLAUSE, NOON CLAUSE, CANCELLATION PROVISION CLAUSE, RELEASE CONDITION, MORTGAGE CLAUSE


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