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misrepresentation

A false or misleading statement that, if intentional and material, can allow the insurer to void the insurance contract. Some insurance policies and state laws that govern insurance contract provisions vary on the exact details of the conditions under which coverage may be voided; these variations are usually denoted in state amendatory endorsements. See also Warranty; Representation.


Links for IRMI Online Subscribers Only: CAI VIII.F; CPI V.D; PRMI.11.E

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