Compensation Glossary

# A B C D E F G H I J K L M N O P Q R S T U V W - Z

Material Misrepresentation

In the insurance industry any incorrect, misleading or false statement(s) by the applicant that would cause the insurer to accept this individual as a risk, when under truthful circumstances the insurer may have accepted the risk under other provisions, or may have declined the policy.
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