Affirmative Warranty

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Affirmative Warranty

A statement on an insurance policy made by the policyholder or an insured party indicating that a fact is currently true. The affirmative warranty must in fact be truthful in order for the policy to be effective.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved
References in periodicals archive ?
The contract must include specific affirmative warranties that the advisor has:
What's Required Under DOL's Best-Interest Contract Exemption
As a practical matter, whether statements about the insured's data security are affirmative warranties or mere representations usually has little impact on a coverage dispute.
How not to void your cyberinsurance policy
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