Page 198 - Motor Insurance Ebook IC 72

The Insurance Times

in the Proposal Form form the basis for the insurance
contract. Following are the questions commonly asked
in Proposal form:
(a) Particulars about the proposer

i) Proposer's name in full. This is required
to establish the identity of the insured and
to make enquiry concerning the moral
hazard.

ii) Address-It is necessary for communications
and area of use of the vehicle.

iii) Occupation- It indicates social status of the
proposer and also gives some indication about
the extent and purpose the vehicle is likely to
be used.

iv) Physical disability and mental infirmity-
Though this information is relevant from the
point of risk involved, it is difficult to get precise
answers as the vehicle may be driven by
persons other than the insured.

v) Previous convictions- This throws light on
driving habits.

(b) Details of vehicles to be insured
i) Registration, Engine and Chassis Number and
Make of the vehicle -These give identification
of the vehicles and are required for
verification in case of accident.

Website: www.bimabazaar.com Call: 033-22184184 / 40078428 198

Copyright@ The Insurance Times. 09883398055 / 09883380339