Final answer:
Misrepresentation or concealment does not always void coverage: Only material misrepresentation or concealment voids coverage.
Step-by-step explanation:
The statement 'Misrepresentation or concealment does not always void coverage: Only material misrepresentation or concealment voids coverage' is true.
In insurance, misrepresentation or concealment may affect the coverage of a policy. However, not all misrepresentations or concealments automatically void coverage.
Only material misrepresentations or concealments, which are significant and relevant to the insurance contract, can void coverage.
For example, if someone fails to disclose a pre-existing medical condition when applying for health insurance, it may be considered a material misrepresentation and could potentially void coverage. On the other hand, minor inaccuracies or omissions that do not affect the insurer's decision to provide coverage may not void the policy.