2407. When an insurance contract can be declared void?

Innocent misrepresentation
Fraudulent misrepresentation
A & B are correct
None of the above
✅ The correct answer is C.
Insurance contract can be declared void in both Innocent misrepresentation and fraudulent misrepresentation. Innocent misrepresentation is a misrepresentation made by someone who had reasonable grounds for believing that his false statement was true. Fraudulent misrepresentation is a civil tort arising out of contract law. It is a false statement of fact that causes or induces someone to enter into a contract.

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