QuestionMay 29, 2025

What guarantees that the statements supplied by an insurance applicant are true? A. Promise B. Warranty C. Representation D. Assurance

What guarantees that the statements supplied by an insurance applicant are true? A. Promise B. Warranty C. Representation D. Assurance
What guarantees that the statements supplied by an insurance applicant are true?
A. Promise
B. Warranty
C. Representation
D. Assurance

Solution
4.4(110 votes)

Answer

B. Warranty Explanation 1. Identify the Definition A warranty is a statement guaranteed to be true in an insurance contract. If found false, it can void the policy.

Explanation

1. Identify the Definition<br /> A warranty is a statement guaranteed to be true in an insurance contract. If found false, it can void the policy.
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