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Protection declaration for electronic applications For Term Assurance and Mortgage Life Insurance For financial adviser use only If you've applied through Instant ...
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How to fill out for term assurance and

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How to fill out for term assurance and:

01
Start by gathering all the necessary information such as personal details, contact information, and financial information.
02
Carefully read through the application form, ensuring you understand each section and its requirements.
03
Provide accurate and up-to-date information regarding your occupation, income, and health conditions.
04
If required, disclose any pre-existing medical conditions or lifestyle habits that may affect the insurer's decision.
05
Determine the desired coverage amount and select the appropriate term length for your term assurance policy.
06
Consider adding any additional riders or benefits to enhance your policy coverage, such as critical illness or disability coverage.
07
Double-check all the information provided before signing the application form and make sure you fully understand the terms and conditions.
08
Submit the completed application form along with the necessary supporting documents to the insurance provider.

Who needs term assurance and:

01
Individuals who have dependents or financial obligations such as mortgages, loans, or childcare expenses.
02
Breadwinners who want to ensure financial security for their family in the event of their untimely demise.
03
Business owners who want to protect their business and provide financial security to their partners or employees.
04
People with significant financial assets or outstanding debts that need to be covered in case of death.
05
Individuals who wish to leave a legacy or support a charitable cause through a life insurance policy payout.
Remember, it is always advisable to consult with a financial advisor or insurance professional to determine the best term assurance policy that suits your specific needs and circumstances.
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Term assurance is a type of life insurance policy that provides coverage for a specified period of time.
Individuals looking to protect their loved ones financially in the event of their death.
To apply for term assurance, one must typically provide personal information, medical history, and choose a coverage amount and term length.
The purpose of term assurance is to provide financial protection to beneficiaries in the event of the insured's death.
Personal information, medical history, coverage amount, term length, and beneficiary information.
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