A false statement made by an applicant for insurance is an example of a

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A false statement made by an applicant for insurance is known as a misrepresentation. A concealment is the act of not disclosing information that is relevant to the insurance contract. A breach of warranty is the failure to maintain a condition that was promised in the insurance policy. Lack of offer and acceptance pertains to the formation of a contract and does not apply in this scenario.

A False Statement Made by an Applicant for Insurance Is