New York Insurance Law Article 31 -- Insurance Contracts, art. 31 ss. 3101-3113: General, complete

What this document is

New York Insurance Law Article 31 -- Insurance Contracts: General, complete (art. 31 ss. 3101-3113) is a state statute published by New York State Legislative Bill Drafting Commission (public.leginfo.state.ny.us). It is one of the New York documents that insurance license exam questions are written from, including new york property & casualty, new york personal lines practice questions. This page summarizes it and points to the official version, which is the text to rely on.

Sections cited in practice questions

Each practice answer shows the exact passage it comes from. These are sections of this document that questions cite, with a short excerpt from the source text.

• N.Y. Ins. Law Sec. 3106(b) (Warranty defined; effect of breach)

  “A breach of warranty shall not avoid an insurance contract or defeat recovery thereunder unless such breach materially increases the risk of loss, damage or injury within the coverage of the contract. If the insurance contract specified two or more distinct kinds of loss, damage or injury which are...”

• N.Y. Ins. Law Sec. 3105(b)(1) (Representations by the insured; materiality)

  “No misrepresentation shall avoid any contract of insurance or defeat recovery thereunder unless such misrepresentation was material. No misrepresentation shall be deemed material unless knowledge by the insurer of the facts misrepresented would have led to a refusal by the insurer to make such contract.”

• N.Y. Ins. Law Sec. 3106(b) (Warranty defined; effect of breach; distinct kinds of loss)

  “A breach of warranty shall not avoid an insurance contract or defeat recovery thereunder unless such breach materially increases the risk of loss, damage or injury within the coverage of the contract. If the insurance contract specified two or more distinct kinds of loss, damage or injury which are...”

Practice this material

Questions about this source

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