Get Lic 3251 Form

Filling out the Lic 3251 Form online can be a straightforward process when you follow the appropriate steps. This guide provides the necessary instructions to ensure that users can complete the form accurately and efficiently.

Follow the steps to successfully complete the Lic 3251 Form online.

1. Click the ‘Get Form’ button to access the form and open it in the editor.
2. Begin with section one by entering the full name of the proposer and their age. Then provide the full name of the life to be assured along with their age and occupation.
3. Next, specify the sum proposed and the full address of the proposer.
4. In section two, fill out the total previous insurance in force, indicating the sum assured.
5. Specify the total insurance premium per year for all previous policies in section three.
6. In section four, identify the person who introduced you to the proposer and assess their identity satisfaction. Add any marks of identification and address if the life proposed appears older than their declared age.
7. Provide the educational qualifications, general state of health, and any physical deformities or impairments of the life to be assured.
8. Indicate if there have been any past illnesses, injuries, operations, or hospitalizations related to the life to be assured.
9. In section five, confirm whether any previous policy has lapsed within the last three years for the proposer or life proposed.
10. Move to section six, where you must detail the propoer’s yearly income from all sources of income, including employment, business, agriculture, investments, property, and any other source.
11. Provide information about income and premium amounts for each member of the proposer’s family, ensuring accurate totals for insurance in force and premiums.
12. Detail the proposer’s income tax paid, total assets (excluding life assurance), and total liabilities.
13. Assess the proposer's business solvency and provide particulars of any documents verified.
14. Finally, consider if there are any circumstances that could add to the risk. Conclude by declaring that the provided statements are true, and include your signature, date, name in block letters, designation, and address.
15. Once you have filled out all sections, you can save changes, download, print, or share the completed form.

Start completing the Lic 3251 Form online today for a smooth and efficient experience.