Nguyên tắc bảo hiểm chungCâu 230 / 531
On a commercial application, how does a warranty differ from a representation?
a.a warranty is believed true as far as the applicant knows
b.a warranty is guaranteed true and becomes part of the contract
c.a warranty covers statements made after policy issue
d.a warranty may be withdrawn by the applicant before any claim arises
Giải thích
A warranty is a statement guaranteed to be true that is written into the contract, so even a small untruth can give the insurer grounds to void coverage. A representation is only offered as true to the best of the applicant's knowledge, and it must be both false and material before the insurer can act on it. The belief-based description therefore defines a representation, not a warranty.
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