Affirmative Warranty

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.
References in periodicals archive ?
These courts took the point of view that the phase "where you reside," or similar language in non-standard forms, sets forth an affirmative warranty regarding the status of the property at the time of policy issuance.
The two cases generally cited in support of the affirmative warranty theory are Reid v.