§ 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
Title 8 - Banking and Insurance
Chapter 113 - Liability Insurance and Service Contract Companies
§ 4201. Filing and approval of policies; review
§ 4202. Form and contents of policy
§ 4205. Effect of false statement in application
§ 4206. Acts not constituting waivers
§ 4207. Penalty for unauthorized alterations
§ 4208. Construction of illegal policies
§ 4223. Cancellation of automobile insurance
§ 4224. Notice of cancellation
§ 4228. Required renewals; continuation of agents’ contracts and brokers’ accounts
§ 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
§ 4249. Proof of financial stability
§ 4251. Consumer disclosure requirements
§ 4252. Obligations of providers and insurers
§ 4255. Penalties; enforcement
§ 4256. Exemption for certain delivery service maintenance and repair contracts