Opening book details…
Can I read Understanding Insurance Representation on EtoBox?
Understanding Insurance Representation by Richie Salubre is a document available to read on EtoBox.
What is Understanding Insurance Representation about?
Group 2 members for representation are listed. Representation is a statement made by the insured to induce the insurer to issue an insurance policy. It must be made before or at the time the policy is issued. A representation is considered false if it does not correspond to the actual facts in a material way, allowing the insurer to rescind the contract. The materiality of a representation is based on how it could influence the insurer in assessing risk or making inquiries, not based on actual events.
- Author
- Richie Salubre
- Language
- EN