Which of the following facts does NOT need to be disclosed by the proposer?

The rationale behind the correct choice is that details of previous spent convictions are typically not required to be disclosed by the proposer when applying for insurance. Spent convictions are those that have been completed and typically do not carry the same weight in assessing risk as other disclosures. The Rehabilitation of Offenders Act provides that certain convictions may be disregarded after a specified period, thereby reducing the necessity for such information in the insurance application process.

On the other hand, disclosing previous losses and claims under other policies is crucial as it helps insurers understand the proposer’s risk history. Similarly, external factors that increase risk and any special terms imposed on previous proposals by other insurers must be disclosed as they directly affect the assessment of insurable risk. Insurers rely on complete and accurate information to properly evaluate the potential risks they may be taking on when agreeing to provide coverage. Thus, the absence of a requirement to disclose spent convictions aligns with practices aimed at reducing discrimination against individuals who have rehabilitated and moved beyond past mistakes.