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2040 Under a policy that contains a provision making it void if the insured willfully conceals or misrepresents any material fact, fraudulent indorsement of a lienholder's signature by the insured is not material and, thus, does not void the policy, because it does not relate to the carrier's investigation to determine its obligations under the policy.CitationLEASURE v MSI INS (Fraudulent Indorsement) 65 CA4 244 [See: InsC 2071; Olson v Standard 109 CA2 130; Cummings v Fire Ins Exch 202 CA3 1407]
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