What action results in voided coverage due to withholding material information from the insurer?

Withholding material information from the insurer is classified as concealment. In the context of insurance, material information refers to any fact that could influence the insurer's decision regarding coverage, premiums, or the underwriting process. When a policyholder intentionally or unintentionally fails to disclose such information, it can lead to a voiding of the coverage, as the insurer might have made different decisions had they been aware of the concealed information. This principle is especially significant because it maintains the integrity of the insurance contract, ensuring that both the insurer and the insured operate with complete transparency.

Estoppel, waiver, and warranty are related concepts in insurance law but do not directly pertain to the act of withholding information. Estoppel prevents someone from arguing something contrary to a claim they previously made when another party has relied on that original claim. Waiver involves voluntarily relinquishing a known right, while a warranty is a promise made by the insured about certain facts being true. These concepts do not address the specific issue of failing to disclose material information, which is why they do not apply in this case.