What are the truths provided by the insured in the insurance application process called?

In the insurance application process, the truths provided by the insured are referred to as representations. This term is used to describe the statements or claims made by the applicant that they believe to be true when applying for coverage. These representations form an essential basis for the insurer's decision to issue a policy and determine its terms. If the insured provides false information intentionally or unintentionally, it can affect the validity of the policy or the claims process in the future.

Estoppel, concealment, and authority do not specifically pertain to the truths given by the insured. Estoppel involves preventing a party from asserting something contrary to what is implied by a previous action or statement, while concealment refers to the act of hiding or failing to disclose relevant information, which can lead to issues in the claims process. Authority pertains to the powers granted to agents or representatives within an organization and does not relate to the applicant's truthful disclosures in the insurance context.