When an insurance contract can be declared void?

A Innocent misrepresentation
B Fraudulent misrepresentation
C A & B are correct
D None of the above

Correct Answer: A & B are correct

Insurance contract can be declared void in both Innocent misrepresentation and fraudulent misrepresentation. Innocent misrepresentation is a misrepresentation made by someone who had reasonable grounds for believing that his false statement was true. Fraudulent misrepresentation is a civil tort arising out of contract law. It is a false statement of fact that causes or induces someone to enter into a contract.
Bissoy MCQ
#Commerce #Insurance

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