Which of the following statements about a warranty in an insurance contract is (are) true? I.It is part of the insurance contract. II.Statements made by an insurance applicant are considered warranties rather than representations. Group of answer choices I only II only both I and II neither I nor II
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A warranty is a specific promise or guarantee made by the insured that certain conditions will be met or that certain facts are true. It is a part of the insurance contract and can affect the validity of the policy. Show more…
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