What do you call a true statement made about a person?

Prepare for the Texas Insurance Limited Lines Exam. Study with detailed flashcards and multiple choice questions that provide hints and explanations to help you succeed. Ace your test today!

A true statement made about a person is referred to as a representation. In the context of insurance and legal terms, a representation is an assertion or statement that is presented as being true, and it can play a critical role in forming the basis of an insurance contract or agreement.

In insurance, representations are often statements made by the insured to the insurer, which may influence the insurer's decision to provide coverage or set the terms of the policy. Since a representation is based on a truthful assertion, it is understood as a reliable account that can be used in underwriting processes.

The other choices do not apply here. Misrepresentation refers to a false statement that could lead to misunderstandings or misinformed decisions. Exaggeration implies that the statement is a distorted overemphasis of facts, and affirmation generally implies expressing agreement or support, rather than making a statement about someone's character or situation. Thus, the term that accurately captures a true statement made about a person is representation.

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