# Insurance Representation

**IRI:** https://folio.openlegalstandard.org/RDLmn3zQET0KpZTPNJbicpa

## Labels

## Definition

Insurance Representation is a provision in merger and acquisition agreements where the selling party confirms the existence, sufficiency, and status of insurance policies held by the target entity. This representation assures the buyer that the target has adequate insurance coverage in place to protect against potential liabilities or losses, and that there are no material lapses or issues with these policies.

## Sub Class Of

- https://folio.openlegalstandard.org/R9rCNhUCohkUGbQyd1C3uzz

## See Also

- https://folio.openlegalstandard.org/R9q0hyYnNxQC475BKXOxjbm
- https://folio.openlegalstandard.org/RBNcZAhWaY8PqtnQMRuVyc2
- https://folio.openlegalstandard.org/RD56727CABa3aB066e948fc1
- https://folio.openlegalstandard.org/RDFhkhLQDtnN9dqbZSYSlpC

**Deprecated:** False