Promissory representation
Black's Law Dictionary · Henry Campbell Black, M.A. · 1910
Black's Law Dictionary
A term used chiefly in insurance, and meaning a representation made by the assured concerning what is to happen during the term of the insurance, stated as a matter of expectation or even of contract, and amounting to a promise to be performed after the contract has come into existence.
New Jersey Rub-bar Co. v. Co.mmercial Union Assur. Co., 64 N. J. Law, 580, 46 Atl. 777.