Get Proposal Form For Short Term Insurance Brokers

Filling out the proposal form for short term insurance brokers can be a straightforward process with the right guidance. This guide will provide you with step-by-step instructions to ensure you complete the form accurately and efficiently.

Follow the steps to complete the proposal form effectively.

1. Click ‘Get Form’ button to obtain the proposal form and open it for editing.
2. Begin by entering your business details in section 1. Provide the full legal name of the proposer, postal address, email address, telephone number, and company registration number. Ensure all information is accurate and complete.
3. In section 1.10, indicate whether your business is currently approved by the Financial Services Board by selecting 'Yes' or 'No'. If 'Yes', be sure to include your license number and category.
4. Proceed to section 2 and provide details about you and your staff. For each individual, include their name, age, professional qualifications, and years of experience.
5. In section 3, you need to furnish financial information regarding your business. Include your financial year end and gross earnings for the current and past two years, along with a breakdown of the types of business you conduct.
6. In section 4, answer questions related to the management of your business, such as whether written confirmation is required for risks bound, and if all documentation is checked by senior personnel.
7. Section 5 covers your insurance history. Indicate whether you currently hold coverage for the various types mentioned and provide the name of your insurer and policy number.
8. In section 6, specify the coverage required including limits of indemnity and additional coverage if desired. Make sure you understand the implications of each option.
9. Review the declaration section. Sign and date the form, confirming that the information provided is true and complete to the best of your knowledge.
10. Once you have completed the form, you can save your changes, download the document, print it, or share it as needed.

Take action now and complete your proposal form online to ensure you have the appropriate coverage for your needs.