Hmotná skutočnosť (Material Fact): informácia o predmete poistenia, ktorá ak by bola známa, by zmenila ocenenie poistenia a ktorá by bola dôvodom na zamietnutie poistky alebo zvýšenia poistného.
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Material Fact: information about the subject of insurance that if known would change the underwriting basis of the insurance, and which would cause the insurer to refuse the application or charge a higher rate.