What term describes statements made on an insurance application?

• A. Representations
• B. Declarations
• C. Warranties
• D. Concealments

Answer: (A)

Statements made on an insurance application are representations. These are the information the applicant provides about themselves and the risk, believed to be true to the best of their knowledge at the time of application. The insurer relies on these statements to underwrite and price the policy, and if a representation is false and material to the risk, it can affect coverage, including possible denial, cancellation, or voiding of the contract. This differs from declarations, which are the factual details listed in the policy itself (like name and coverage limits); warranties, which are strict promises that must be true and, if breached, can void coverage; and concealment, which is the deliberate withholding of material information.