Get Lic Form 300

Filling out the Lic Form 300 online is a crucial step in obtaining a consequential loss fire insurance policy. This guide provides clear and structured instructions to assist you in completing the form accurately and efficiently, ensuring that all necessary information is submitted correctly.

Follow the steps to successfully complete the Lic Form 300 online.

1. Click the ‘Get Form’ button to access the Lic Form 300 and open it in your chosen editor.
2. Begin by filling out the intermediary details section. Provide the name, code, branch code, and manager's name, along with the business type as either rural or non-rural.
3. Proceed to the proposer's details. Indicate the title (Mr., Mrs., Ms., Dr., or M/s.), enter the name, postal address, pin code, contact numbers, email ID, and other relevant details. Make sure to specify the gender and nationality.
4. In the financier details section, list the name and address of one or two financiers, including their pin codes.
5. Fill in the risk details, providing a brief description of your business activity. Enter the risk location details by supplying the address, district, state, and pin code.
6. For occupancy details, indicate the type of occupancy for each risk location, selecting from the provided options such as residence, industrial, or storage.
7. Complete the construction details for each risk location, specifying the type of construction, height of the building, number of floors, basement levels, and age of the building.
8. For the FEA details, identify the types of appliances available at each risk location.
9. In the amounts to be insured section, detail the total sum insured, specifying the basis of indemnity and the indemnity period in months.
10. Address the add-on perils section by indicating your preferences for additional coverages such as forest fire or terrorism.
11. If applicable, choose to delete any coverages from the basic package.
12. Provide details of any concurrent material damage policies you may hold, including the name of the insurer, policy number, sum insured, and add-on covers opted.
13. Decide if you wish to opt for a voluntary deductible and select the appropriate slab if chosen.
14. Complete the claims experience section, detailing your premium and claim history for the last three policy periods.
15. Select your preferred premium payment method, filling in necessary details like cheque number, bank name, and credit card information.
16. Read and complete the declaration section, ensuring all statements are true to your knowledge. Sign and date the form.
17. Finally, after reviewing all entries, you can save your changes, download a copy, print the form, or share it as necessary.

Start filling out your Lic Form 300 online today to secure your insurance coverage.