Declaring a Policy Void
Insurers rely on representations and warranties made by a prospective insured in making the decision to insure or not insure. If the representation or warranty is false and the insurer can establish that the false representation was material to the risk it was asked to take, it can rescind the insurance, that is, declare that it was void from its inception, or it can defend any suit brought by an insured to collect on the policy.
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