Definitions for "Proposal form"
In Canada, a document that is given to a prospective purchaser of an insurance policy and that contains personalized information about the policy and policy values.----------[ Back
A proposal form is an application form to be filled in by any one who wants to take out insurance; he or she is then known as the proposer. This is the basis of the insurance contract. The proposer must disclose all relevant facts known to him or her, or which he or she ought to know. If the proposer fails to disclose such facts, he or she may find the policy virtually useless when the hour of need arises.
The form that is used to take an insurance policy.
Keywords:  see
See Proposal.