Which of the following is considered a "guaranteed" statement in an insurance contract?

A warranty in an insurance contract is a statement or promise made by the insured that is guaranteed to be true. It serves as a condition of the insurance policy, meaning that if the warranty is found to be false, the insurer may have grounds to deny a claim or void the policy altogether. This distinguishes warranties from representations, which are statements that the insured believes to be true but do not have the same level of binding certainty. Therefore, a warranty is considered a "guaranteed" statement, as it is a factual promise that must be upheld for the policy to remain valid.

In contrast, representations are not guaranteed and can be true to the best of the insured's knowledge at the time of the agreement. Utmost good faith refers to the ethical obligation of both parties to not mislead or withhold information from one another, and disclosure is the act of providing information that may influence the terms of the policy but does not itself constitute a guaranteed promise. These concepts differ significantly from the binding nature of a warranty in the context of insurance agreements.