40 Pa. Stat. § 512a

Current through Pa Acts 2024-53, 2024-56 through 2024-111
Section 512a - Statements in applications deemed representations

All statements made by the applicant for an annuity or pure endowment contract, or statements made by the insured or in his behalf in the negotiation for a policy or certificate of life, endowment, accident or health insurance, or any reinstatement thereof issued by any insurance company, association, fraternal benefit society, beneficial society or exchange doing business in this Commonwealth, shall be deemed, in the absence of fraud, to be representations and not warranties.

40 P.S. § 512a

1937, May 21, P.L. 774, No. 210, § 1.