Vermont Statutes
Chapter 113 - Liability Insurance and Service Contract Companies
§ 4205. Effect of false statement in application

§ 4205. Effect of false statement in application
The falsity of a statement in the application for a policy covered by the provisions of this chapter shall not bar the right to recovery under the policy unless such false statement was made with actual intent to deceive or unless it materially affected either the acceptance of the risk or the hazard assumed by insurer. (Amended 2021, No. 105 (Adj. Sess.), § 168, eff. July 1, 2022.)

Structure Vermont Statutes

Vermont Statutes

Title 8 - Banking and Insurance

Chapter 113 - Liability Insurance and Service Contract Companies

§ 4201. Filing and approval of policies; review

§ 4201a. Filing fees

§ 4202. Form and contents of policy

§ 4203. Required conditions

§ 4204. Illegal provisions

§ 4205. Effect of false statement in application

§ 4206. Acts not constituting waivers

§ 4207. Penalty for unauthorized alterations

§ 4208. Construction of illegal policies

§ 4209. Penalties

§ 4210. Cost of examinations

§ 4211. Volunteer drivers

§ 4222. Definitions

§ 4223. Cancellation of automobile insurance

§ 4224. Notice of cancellation

§ 4225. Notice of nonrenewal

§ 4225a. Renewal policies

§ 4226. Notice requirements

§ 4227. Notice of eligibility

§ 4228. Required renewals; continuation of agents’ contracts and brokers’ accounts

§ 4229. Penalties

§ 4241. Vermont Automobile Insurance Plan

§ 4242. General provisions of Plan

§ 4243. Submission and approval of Plan

§ 4244. Commissioner to formulate Plan

§ 4245. Insurers to participate in plan

§ 4246. Insurer or rating organization; conduct of

§ 4247. Definitions

§ 4248. Registration required

§ 4249. Proof of financial stability

§ 4250. Examinations

§ 4251. Consumer disclosure requirements

§ 4252. Obligations of providers and insurers

§ 4253. Prohibited acts

§ 4254. Prohibited terms

§ 4255. Penalties; enforcement

§ 4256. Exemption for certain delivery service maintenance and repair contracts