Before completing this section, please read the important notices starting on page 1. This document provides essential information on the insurance proposal form.It includes guidelines for filling out the form and understanding its components. Professional Indemnity Insurance for Accountants. Provide a complete response to all questions and attach additional pages if necessary. 1. Insert: It is requiredthat ADDENDUM NO. 3 be acknowledged in the space provided on the. In this Proposal form: a. "Applicant" means the entity intended to be the policyholder, defined as the Insured in the Policy. b. Do you require any Fidelity cover?