Statements made by a proposed insured on an application for life insurance are called

Provisions refer to the specific conditions, clauses, or benefits outlined within an insurance policy. They detail the rights and responsibilities of both the insurer and the insured but do not specifically denote the statements made by the applicant during the application process.

Guarantees are promises made by the insurer regarding the payment of benefits or coverage terms, assuring the insured of specific outcomes. They do not pertain to the statements made by the applicant but rather the commitments of the insurance company.

Warranties are statements that are guaranteed to be true and are often legally binding. If a warranty is found to be false, it can allow the insurer to void the policy. While warranties are related to the application process, they differ from representations, which are generally viewed as assertions of belief rather than guarantees of fact.