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Form No.300 (BN) Life Insurance Corporation of India (Established by The LIC Act 1956)

This document is a life insurance proposal form from the Life Insurance Corporation of India. It requests information such as the applicant's name, address, date of birth, occupation, medical history, and nominee details. The applicant must declare that their statements are true and complete, and that any false information will void the contract. A witness signature is also required.

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Prashant Shukla
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0% found this document useful (0 votes)
179 views3 pages

Form No.300 (BN) Life Insurance Corporation of India (Established by The LIC Act 1956)

This document is a life insurance proposal form from the Life Insurance Corporation of India. It requests information such as the applicant's name, address, date of birth, occupation, medical history, and nominee details. The applicant must declare that their statements are true and complete, and that any false information will void the contract. A witness signature is also required.

Uploaded by

Prashant Shukla
Copyright
© Attribution Non-Commercial (BY-NC)
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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Form No.

300(BN)
LIFE INSURANCE CORPORATION OF INDIA
(Established by the LIC Act 1956)

Branch Office ………………. Proposal No ………………. Agent’s Name …………………………….

Licence No ……………………… Dt. of Expiry ……………………. Agent’s & DO Code …………….

NOTE:
This form has to be filled in by the proposer in his/her own handwriting. If he/she cannot write in
the language of this form or he/she is illiterate, the proposal form can be filled in by the
Agent/Third party as per normal rules.

1 a) Name in full (IN BLOCK LETTERS): ………………………………………………


Mr. /Mrs./Miss ………………………………………………

b) Short Name ………………………………………………

c) Address for Correspondence ………………………………………………

………………………………………………

………………………………………………

d) Nationality ………………………………………………

e) Are you resident in India ………………………………………………

f) Father’s Name in full ………………………………………………

2 a) Table/Term ………………………………..b) Sum Assured ………………………..

c) Amount of deposit ………………………..d) Date of Birth………………………….

e) Age Proof …………………………………………..

3 a) Nominee under Section 39 of the Insurance Act, 1938, to whom policy moneys
will be payable in the event of death.

Nominee’s full name: …………………………………………………………………


(IN BLOCK LETTERS)
Age ……………………………..Relation to yourself ……………………………….

Full Address ………………………………………………….


………………………………………………………………….
………………………………………………………………….

b) Appointees Name with signature to whom the policy money is payable in the
event of the claim arising during the minority of the nominee.

Full Name of the Appointee: …………………………………………………………


(IN BLOCK LETTERS)
Full Address ………………………………………….
……………………………………………………………………………

Signature of the Appointee ……………………………………………

Relationship to the Nominee ………………………………………….

Age of Appointee ……………………………………………………….


:2:

4 (a) Present Occupation ………………………………...

(b) Nature of duties ………………………………….

(c) Annual Income ………………………………….

(d) Total Sum Assured under


Previous policies under ………………………………………………………………
Table 132

5 (a) Has a proposal on your life or an


application for revival of a policy
on your life made to this or any
other Office of the Corporation ever
been ……………………………………………………..

(i) Declined : Yes/No………………………..

(ii) Accepted with extra; if yes,


State the highest extra
Imposed (excluding age extra) : ………………………………….

(b) Is any proposal/application for


revival pending with any office of
the Corporatin, if so, give the details : …………………………………..

6 Your exact Height without shoes (in cms) : …………………….

Your exact Weight (in Kgs.) : …………………….

Answer ‘Yes’ or ‘No’


(If ‘NO’ give details)

7 Are you at present in good health? : ……………………………………

8 Have you ever been admitted to a


Hospital/Nursing Home for taking
Treatment for a week or more during
The last 3 years? (If ‘Yes” give details) : ……………………………………

9 Have you any physical deformity?


If Yes, give details and total
Sum Assured in force under all previous
policies taken during last five
calendar years including current year. : …………………………………….

10 To be answered by female proposer only


a) Total sum assured in force under all
Previous Policies taken during last
5 calendar years including current
year : …………………………………….

b) If you are married

(i) Are you pregnant now? : …………………………………….

(ii) have you had any pregnancy


related problems at any time : …………………………………….
:3:

DECLARATION BY THE PROPOSER

I …………………………………………………………………………………………….. do hereby
Declare that the foregoing statements and answers have been given by me after fully
understanding questions and the same are true, and complete in every particular. I agree that if
any untrue averment by contained therein the said contract shall be absolutely null and void and
all moneys which have been paid in respect thereof shall stand forfeited in part or full to the
Corporation.

Dated at ………………………… on the ………………. day ……………………………….. 199…..

Name of witness ………………………………………………

Signature of witness ………………………………………….

Occupation …………………………………………..

Address …………………………………………
………………………………………………………………………
……………………………………………………………………… Signature or thumb impression
of the person whose life is
proposed to be assured

If the answers to the questions in this form are given in vernacular and the proposer signs in
vernacular then the proposer signs in varnacular then the proposer should declare in his/her own
handwriting above his/her own signature that all questions were explained to him/her and that
his/her replies were given after fully and properly understanding the same.

OR

In case the prposer is illiterate, the thumb impression of the proposer should be attested by a
person of standing whose identity can easily be established but unconnected with the Corporation
and this declaration should be made by him/her.

I hereby declare that I have fully explained the


Above questions to the proposer in …………….
(language) and I have truthfully recorded the
answers and explained to the proposer and that
the proposer has affixed his/her thumb
impression to the proposal form after duly
understanding the contents thereof.

Address of the declarant …………………………………


……………………………………………………………… ………………………………….
……………………………………………………………… (Signature of the Declarant)

NOTE: In case of dispute in respect of interpretation


of terms the English version shall stand valid.

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