Primerica Pre-licensing Course Practice Exam

Representations are statements made by the applicant that they believe to be true to the best of their knowledge. They’re not guaranteed to be true, but the insurer relies on them to assess risk. If a representation is false and material to the risk, the insurer may void the contract or deny a claim. This distinguishes representations from warranties, which are promises that something is true and must be guaranteed true for coverage; concealment, which is deliberately withholding material information; and fraud, which is intentional misrepresentation with the aim to deceive.