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PROPOSAL FORM LATENT DEFECTS INSURANCE POLICY Authorized Representative Name : Contact No.: You are to provide SBI General Insurance Co. Ltd. with a full disclosure of any and all facts that may be

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What is proposal form - latent?

A proposal form - latent is a document used to apply for latent defect insurance coverage, which protects against defects in construction works that may not be immediately apparent.

Who is required to file proposal form - latent?

Contractors, developers, and property owners involved in new construction projects are typically required to file a proposal form - latent.

How to fill out proposal form - latent?

The proposal form - latent should be filled out with accurate and detailed information about the project, including the scope of work, construction materials, and previous insurance claims.

What is the purpose of proposal form - latent?

The purpose of the proposal form - latent is to provide underwriters with essential information about the project to determine the risk level and premium for latent defect insurance coverage.

What information must be reported on proposal form - latent?

Information such as project details, construction methods, materials used, previous claims history, and the estimated value of the project must be reported on the proposal form - latent.

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