Insurance 101 – Chapter 8 – Volume 42 – Declaring a Policy Void

Declaring a Policy Void

Breach of Warranty

A breach of a warranty at the inception of a policy prevents the policy from attaching to the risk.  Even if the court disagrees and finds no breach of warranty a good faith refusal to pay on the basis of breach of warranty will avoid a claim of unfair claims practices or bad faith.

The following video was adapted from my book, “Insurance Claims A Comprehensive Guide” Published by the National Underwriter Company and is available at the Zalma Insurance Claims Library

Legal Disclaimer

The author and publisher disclaim any liability, loss, or risk incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this blog. The information provided is not a substitute for the advice of a competent insurance, legal, or other professional. The Information provided at this site should not be relied on as legal advice. Legal advice cannot be given without full consideration of all relevant information relating to an individual situation.

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