Which term describes representations made by the insurance applicant that may influence the underwriting decision?

The term that describes representations made by the insurance applicant that may influence the underwriting decision is "Declarations." Declarations are statements made by the policyholder, typically found on the first page of an insurance policy. They provide essential information about the insured item, the applicant, and other relevant details that an insurer uses to assess risk and make decisions regarding coverage and premium rates.

These declarations serve as a summary of the key aspects of the insurance application and can include information on the applicant’s history, the value of insured items, and any pertinent risk factors. Since underwriters rely on this information to determine eligibility and pricing, the accuracy and completeness of the declarations are critical.

In contrast, underwriting criteria refer to the overall guidelines that insurers use to assess risk, while endorsements are modifications or additions to an existing insurance policy. Warranties, on the other hand, are specific promises made by the insured that must be true for the policy to remain in force, and if found to be false, could lead to a claim being denied. Thus, "Declarations" is the most accurate term for the representations made by an insurance applicant that influence underwriting decisions.