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Get the free LIFE ASSURANCE PROPOSAL FORM INDIVIDUAL

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Industrial and General Insurance Plc Plot 741, Adela Hopewell Street, V/Island, Lagos. P.M.B. 80181, Victoria Island, Lagos. Tel: +2341 62150104, Fax: +23412621146 Website: www.iginigeria.com, Email:
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How to fill out life assurance proposal form

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How to fill out a life assurance proposal form:

01
Begin by carefully reading the instructions provided with the form. Make sure you understand the purpose of the form and the information required.
02
Start by filling in your personal information accurately. This includes your full name, address, contact details, and date of birth.
03
Provide information about your occupation, including your employer's name and address. If you are self-employed, indicate that as well.
04
Disclose any previous or existing life insurance policies you have, including details such as the policy name, policy number, and coverage amount.
05
Specify the type of life insurance you are applying for, such as term life, whole life, or universal life insurance.
06
Fill in details about your health history, including any current or past medical conditions, surgeries, medications, or treatments. Be honest and thorough in your responses.
07
You will typically be required to answer questions about your lifestyle habits such as smoking, drinking alcohol, and participating in risky activities. Answer truthfully, as inaccuracies may void your coverage.
08
If applicable, provide information about your beneficiaries - the individuals who will receive the life insurance proceeds in the event of your death. Include their full names, dates of birth, and relationship to you.
09
Review your answers before submitting the form. Ensure that all the information provided is accurate and complete.
10
Sign and date the form as required, and submit it as instructed by your life insurance provider.

Who needs a life assurance proposal form:

01
Individuals who are seeking to apply for life insurance policies need to fill out a life assurance proposal form. This form is necessary to assess their eligibility and determine the premiums they will pay.
02
Those who wish to protect their loved ones financially in the event of their death should consider filling out a life assurance proposal form. By obtaining life insurance, they can ensure that their beneficiaries receive financial support after their passing.
03
Individuals who currently have life insurance policies but are looking to switch to a different provider or modify their coverage should also complete a life assurance proposal form. This allows the new provider to evaluate their situation and offer suitable coverage options.
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It is a document that details the information required by an insurance company when applying for life assurance coverage.
Anyone seeking life assurance coverage from an insurance company must file a life assurance proposal form.
The form must be completed accurately and truthfully, providing all requested information about the applicant's personal and medical history.
The purpose is to assess the risk associated with insuring an individual and determining the premiums to be charged for coverage.
The form typically requests information about the applicant's age, occupation, health history, lifestyle habits, and financial situation.
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