Proposal Form

Jargon Buster

December 9, 2019

Jargon Buster

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Proposal Form

The proposal form is required for gathering the information required to allow an insurer to decide if they want to take on the risk of a person or business and what terms and conditions of the policy they want to apply to the risk.

An insurer will send a proposal form to a person or business requiring insurance to help fully assess a person or a business and the work they do. Questions on this form should be answered as fully as possible and any details which may be pertinent to the future insurance contract should be declared.