ARTICLE 2. Representation [350. - 361.]

Article 2 enacted by Stats. 1935, Ch. 145.

§§ 350–361 · 12 sections

• § 350 A representation may be oral or written.
• § 351 A representation may be made at the time of, or before, issuance of the policy.
• § 352 The language of a representation is to be interpreted by the same rules as contracts in general.
• § 353 A representation as to the future is a promise, unless it is merely a statement of a belief or an expectation.
• § 354 A representation cannot qualify an express provision in a contract of insurance; but it may qualify an implied warranty.
• § 355 A representation may be altered or withdrawn before the insurance is effected, but not afterwards.
• § 356 The completion of the contract of insurance is the time to which a representation must be presumed to refer.
• § 357 When an insured has no personal knowledge of a fact, he may nevertheless repeat information which he has upon the subject, and which he believes to be true,…
• § 358 A representation is false when the facts fail to correspond with its assertions or stipulations.
• § 359 If a representation is false in a material point, whether affirmative or promissory, the injured party is entitled to rescind the contract from the time the…
• § 360 The materiality of a representation is determined by the same rule as the materiality of a concealment.
• § 361 The provisions of this chapter apply as well to a modification of a contract of insurance as to its original formation.