Declaration

In the context of dispute resolution, a court decision setting out the rights or legal position of the parties. It is only generally available if other remedies are inappropriate. It is often sought when the subject matter of the proceedings affects a large number of people.

In the context of insurance, a statement by the insured giving details of the risks required to be covered. This may be incorporated within the proposal form or made later. If made later, the policy will be issued subject to declaration and will be endorsed with details of the declaration.