A representation may be made at the time of, or before, issuance of the policy.
(Enacted by Stats. 1935, Ch. 145.)
The language of a representation is to be interpreted by the same rules as contracts in general.
(Enacted by Stats. 1935, Ch. 145.)
A representation as to the future is a promise, unless it is merely a statement of a belief or an expectation.
(Enacted by Stats. 1935, Ch. 145.)
A representation cannot qualify an express provision in a contract of insurance; but it may qualify an implied warranty.
(Enacted by Stats. 1935, Ch. 145.)
A representation may be altered or withdrawn before the insurance is effected, but not afterwards.
(Enacted by Stats. 1935, Ch. 145.)
The completion of the contract of insurance is the time to which a representation must be presumed to refer.
(Enacted by Stats. 1935, Ch. 145.)
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, with the explanation that he does so on the information of others; or he may submit the information, in its whole extent, to the insurer. In neither case is he responsible for its truth, unless it proceeds from an agent of the insured, whose duty it is to give the information.
(Enacted by Stats. 1935, Ch. 145.)
A representation is false when the facts fail to correspond with its assertions or stipulations.
(Enacted by Stats. 1935, Ch. 145.)
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 representation becomes false.
(Enacted by Stats. 1935, Ch. 145.)
The materiality of a representation is determined by the same rule as the materiality of a concealment.
(Enacted by Stats. 1935, Ch. 145.)
The provisions of this chapter apply as well to a modification of a contract of insurance as to its original formation.
(Enacted by Stats. 1935, Ch. 145.)