_____ is the failure of an insured to set forth all the material facts in applying for insurance.

Question

Quizplus · Accepted Answer

Concealment is the failure of the insured to provide all the relevant and material facts while applying for insurance. It is different from falsification, which is the intentional misrepresentation of facts. Perversion is the intentional misstatement of facts, and subrogation is the transfer of rights from one party to another. Reinstatement is the restoration of a policy after it has lapsed or been canceled.

_____ Is the Failure of an Insured to Set Forth