Insurance 101 – Chapter 16 Volume 19 – The Marine Rule

The Marine Rule

In some states, even if the false statements made in the application were not warranties, but were merely misrepresentations or concealments (whether innocent or intentional), grounds exist for rescission. Fraud need not be proved; this is called the Marine Rule.

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

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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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