What does Representation mean? Read on to discover the definition & meaning of the term Representation - to help you better understand the language used in insurance policies.
A statement made in an application for insurance that the prospective insured represents as being correct to the best of his or her knowledge. If the insurer relies on a representation in entering into the insurance contract and if it proves to be false at the time it was made, the insurer may have legal grounds to avoid the contract.
We hope the you have a better understanding of the meaning of Representation.