Photograph

of Proposer
FORM NO. 340 (Rev 2017)
(TO BE USED FOR INSURANCE ON LIVES OF
BOTH MINOR &ADULT))
(PROPOSAL FOR INSURANCE ON THE LIFE OF
ANOTHER PERSON)

INSTRUCTIONS TO FILL UP PROPOSAL FORM Photograph

of Life
1. This form is to be completed in BLOCK LETTERS by the Proposer or the Life to be Assured
Assured.
2. Insurance is a contract of utmost good faith which requires all material facts to be disclosed
to the Insurance Company.
3. If the Proposer or the Life to be Assured signs this proposal in vernacular or puts his/her
thumb impression upon it, then the respective declaration must be completed.
4. Answers should be legible. Questions should be answered in ‘Yes’ or ‘No’. (Strokes / dots /
dashes / leaving the questions unanswered will not be accepted). Details need to be
provided in case of affirmative answers.
5. The Proposer and Life to be Assured must countersign any cancellation or alterations made
in this form. White ink must not be used.

Are you registered with LIC Portal: Yes /No Inward Date
If yes, give Customer - ID:____________ no.
If no, give your E-mail ID: ____________
Whether proposal is under (please tick relevant options)
1. Employer- Employee Scheme _________________ 2. Minor 3. Partnership 4. KMI
If any option is yes, please submit relevant questionnaire / annexure/supporting documents along with the
proposal form.
To be filled by Agent: For Office use:

Division: Proposal no :
Branch Office: Amount of Deposit :
D.O./CLIA Code No / Mentor &Mobile number : B.O.C No:
Agent’s/Specified Person’s/DSE’s/Sup Agent’s Name& Code No: Date
Agent’s/ Specified Person’s /DSE’s/Sup Agent’s Mobile number:

Licence No:
Date of Expiry:

PERSONAL BIODATA
Following questions to be answered by the proposer

1 Personal details Proposer Life to be Assured

Name Mr. Mrs. Othe Mr. Mrs. Other
r

Father's Name

1.1

Sex
1.2 Male _____Female____ Male _____Female____
Third Gender Third Gender
1
1.3 Relationship between
Proposer & Life to be
Assured
1.4 Address for
communication

Landmark/Area
City
State
Pin Code

1.5 Residential and

official Telephone
Number: (With STD
Code)

Mobile Number
1.6 Residential address
(if different from above
)
City
State
Pin Code

Telephone Number:
(With STD Code)

1.7 E-mail Address

2 a. Date of Birth __________________________ __________________________
b. Age nearer birthday ___________________________ ___________________________
c. Place of Birth __________________________ __________________________
d. Age Proof ___________________________ ____________________________
Submitted
3 Nationality

4 Marital Status

5 PAN No.

5.1 AADHAR CARD NO

5.2 a. Are you registered YES/NO YES/NO

under GST ACT
b. If yes, provide
GSTIN

6 Educational a) Is the child studying? Yes No

Qualifications b) If Yes , state the class and
/or type of course

2
7 Occupational and
Employment Details of
proposer
a) Type of business

b)Name of the
employer, if employed
c) Designation
d) Exact nature of
duties e) Years since
working
f) Annual Income
g).proof of income give
8
Plan & Term

Sum Proposed

(if required)

Term Rider Sum

( if required)

sum proposed

Critical illness

required?
Is accident Benefit
Single Premium )
Monthly,SSS, Nach and
Quarterly,

yearly,
Mode (Yearly, Half-

date
back, indicate such
If policy is to be dated

Amount deposited
proposed
(a)

8 State whether you wish to secure Do you agree to the condition that the policy, if Paying
(b) Premium Waiver Benefit in case issued on the basis of this proposal will Authority No.
of your death. If yes, please fill up automatically vest in the life to be assured on the (For SSS only)
Proposal Form No. 300 policy anniversary coinciding with or immediately
separately. following the completion of 18 years of age?

9 What is the objective of Insurance?

The following questions are to be answered by the life to be Answer ‘Yes’ If ‘Yes’, please give
assured or ‘No’ full details

10 a) Is your life now being proposed for another assurance or is

any other proposal or an application for revival of a policy on
your life, under consideration in any office of the Corporation or
to any other insurer? If yes, give details

b) Whether proposed simultaneously on the life of spouse and

children? If yes, give details.

11 Please give details of your previous insurance (from LIC and private insurers) (including policies
surrendered / lapsed during last 3 years)

3
 Policy number

/ Division/ Private Insurer

Name of Branch

Plan & Term

Assured
Sum

Tern assurance rider

Critical illness rider sum assured

Amount of accident benefit taken

Date of commencement

Proposed at ordinary rates?

Whether accepted as

Non Medical
Or
Medical

Whether in force for full Sum Assured

or date of surrender
If not ,give due date of last premium paid
if not, give details
N.B. : Corporation does not entertain any fresh proposal for insurance where a policy has lapsed or has
been converted into paid up policy within the last 3 years.

12 Has a proposal ( or an application for revival of a policy) on your life and / Answer If yes, give
or on the life to be assured made to any office of the Corporation or to ‘YES’ or details
any other insurer ever been : ‘NO’

a) Withdrawn, Deferred, Dropped or Declined?

b) Accepted with extra Premium or Lien?

c) Accepted on terms otherwise than those proposed?

d) Have you during the past one year returned any policy of the
Corporation as the same was not acceptable to you? If so, give details:

13 a) Have you any prospect or intention of engaging in aviation or entering

Naval or Military Service or taking up any other hazardous occupation or
pursuit? If so, give details

b) Is your occupation associated with any specific hazard or do you take

part in hazardous activities / sports or have hobbies that could be
dangerous in any way? If yes, give details along with the respective
questionnaire.

4
 c) Are you a Politically Exposed Person OR are you a family member or
close relative of Politically Exposed Person?
[As per RBI guidelines PEPs are the individuals who are or have been
entrusted with prominent public functions in a foreign country).

d) Have you ever been or are currently being investigated, charge

sheeted, prosecuted or convicted in respect of any criminal/civil offences
in any court of law in India or abroad ?

14 a) What has been your usual state of health?

b) i) Have you had small pox or

ii) Successful vaccination

15 a).Have you consulted a medical practitioner within the last five years for
any ailments requiring treatment for more than a week?

b) Have you remained absent from place of your work on grounds of

health during the last five years?

c) Have you ever had, an Electrocardiogram X-Ray or Screening, Blood,

Urine or Stool Examination?

d) Have you ever been in any hospital, asylum, or sanatorium for

checkup observation treatment or any operation?

16 Have you or your partner/ spouse / parents ever required or are at

present availing /undergoing medical advice, treatment or tests in
connection with Hepatitis B or AIDS related conditions?

17 Are you suffering from or have you ever suffered or undergone investigation in the past or have you been
advised to undergo investigation or treatment for the following :
(a)
.

Disease Yes' or Disease Yes' or

'No' 'No'

1. Lungs/ Respiratory Disease / 2 Hypertension, Hypotension, rheumatic

Persistent cough, asthma, bronchitis, fever, pain in chest, breathlessness,
pneumonia, spitting of blood etc palpitation, any disease of the heart or
arteries?

3. Peptic ulcer/colitis, jaundice, anemia, 4. Any disease of kidney /prostate or urinary

piles, dysentery, or any other disease of system
the stomach, liver, spleen, gall bladder
or pancreas/digestive disorder

5
 5. Paralysis/epilepsy/ insanity/ tremors, 6. Hernia/ hydrocele, varicocele, fistula,
numbness, double vision, dizzy or varicose veins, , filariasis, gonorrhoea,
fainting spells/ Head Injury / insomnia/ syphilis, or any other veneral disease?
nervous breakdown / any other disease
of the brain or the nervous system

7.Cancer/Leukemia/Lymphoma/ Tumor 8. Any disease of ear, nose, throat or eyes,

/ Cyst/ Any other growth / lumps/ Blood including defective sight or hearing and
disorder /enlarged glands discharge from the ears

9. Diabetes/ suffering from diabetes or 10. Bone / Joint/ Spine Disease/ Arthritis
have you ever passed sugar, albumin,
pus or blood in urine/ Goitre/ Thyroid or
other endocrine disorder

11. Mental Disorder (Depression/ 12. Chronic infections- Tuberculosis/

Anxiety, etc.). pleurisy / Skin Disease/ skin eruption/
Leprosy.

13. Any other disease? 14. Any operation, accident or injury / any
bodily defect or deformity.

15. Disease of teeth such as pyorrhoea

missing teeth, whether wearing
denture

17 If answer to any of the question is yes, please give details as below ( If hospitalized, the discharge
(b) summary and all investigation papers are to be enclosed along with the proposal forms
.

Nature of Date of Fully recovered Still on treatment (Y/N), If Yes Name and
disease / illness Diagnosis (Y/N) give details of treatment address of
Doctor/
Hospital

18 Do you smoke/consume or have you ever smoked/consumed YES/NO If stopped, since

the following (i,ii,iii) If yes, quantity how many months
consumed and
duration

(i) Alcoholic drinks

(ii) Narcotics

(iii) Any other drugs, If so, which one

(iv) Do you smoke/consume or have you smoked/consumed

tobacco in any form (cigars, cigarettes, beedis, pan masala,
etc.) in the past 60 months. . (in sticks /packets/ sachets/day or
gms /day)

6
19 Family History Living Dead

Age State of Health Age at Cause and

death Year of death

Father

Mother

Brothers
Living ……………….
Dead

Sisters
Living……………….
Dead……………….

Wife / Husband

Children
Living………………
Dead………………..

20 For minor lives only: Give below the particular of all Relationship Policy Sum Assured
the assurance in full force on the lives of your Number
parents, brothers and sisters.

21 Has any of your relations, living or dead , suffered from any hereditary or
infectious disease like Diabetes, Insanity, Epilepsy, Gout, Asthma,
Tuberculosis, Cancer, Leprosy, etc?

22 N.B. : If the proposal is to be considered without medical report Height (in cms) Weight (in Kgs) (
(i.e. non - medical basis) state : without shoes) with thin clothes)

7
 Additional questions to be answered by female life to be assured ( Questions 23 to 25)

23 Your State sources Your average monthly income, if any Whether you
Educational of income pay income
Qualification, tax?

24 If you are married, Please state :

a)Husband’s full name

b) His Occupation

c).His average monthly Income

d).Details of Husband's Insurance

Policy number Insurance companies from where the previous Present status

Sum Assured
Term
Table &
policy/policies have been purchased with address (if of the policy
previous policies are from LIC of India, give name of
Branch / D.O.)

25 Are you pregnant now? Date of last delivery

(a)

Have you had any abortion or miscarriage or Caesarian

section? If so, give details

25
(b)
Have you ever consulted a gynaecologist or undergone any
investigation, treatment for any gynaec ailment? (If yes, give
details).

8
26 Please provide the following information to help us to serve you better.
Bank Account details:

a) Type of Account-Saving / Current:

b) Your Account No :_____________________________________
c) MICR Code:__________________________________________
d) IFSC Code:____________________________________________
e) Name and Address of your
bank:__________________________________________________________________

Attach a photocopy or cancelled cheque with the form

27 Have you understood fully the terms & conditions of the plan you Yes /No
propose to take?

28 Whether the terms & conditions of the proposed plan have been Yes /No
explained to you by the agent?

DECLARATION BY THE LIFE TO BE ASSURED

I authorize LIC of India to take my KYC details of Aadhaar from the Unique Identification Authority of India
(UIDAI)

I _______________________________ _________________ ( Name of the life to be assured) whose life

is herein before proposed to be assured, do hereby declared that the statements and answers under
heading 10 to 28 of the proposal form have been given by me after fully understanding the questions and
the same are true and complete in every particular and that I have not withheld any information.

Notwithstanding the provisions of any law , usage , custom or convention for the time being in force
prohibiting any doctor , Hospital and /or Employer from divulging any knowledge or information about me
concerning my health or employment, on the ground of secrecy . I/ my heirs , executors , administrators
and assignees or any person or persons , having interest of any kind whatsoever in the policy contract
issued to me , hereby agree , that such authority, having such knowledge or information , shall at any time
be at liberty to divulge any such knowledge or information to the Corporation.

Dated at __________________on the _______________day of _______________20 _________

Signature of Witness : ______________

Name :__________________________ _________________________________________

(Signature or Thumb Impression of the Life to be Assured)

Occupation and address: ___________

________________________________

________________________________

9
I do hereby declare that the foregoing statement and Answers are true and complete in every particular.

Signature of Witness : ______________

Name: __________________________ (Signature of the Proposer )

Occupation and address: ___________ ( If the life to be assured is under 18 years)

________________________________

________________________________

_________________________________ ___________________________________

(Specimen signature of the life to be assured) (Specimen signature of the Proposer)

DECLARATION OF THE PROPOSER

I authorize LIC of India to take my KYC details from the Unique Identification Authority of India (UIDAI).

I ______________________________________ ( Name of the Proposer) do hereby declare that the

statement and answers under the headings 1 to 9 of the proposal form have been given by me after fully
understanding the questions and the same are true and complete in every particular and agree and
declare that these statements and this declaration along with the statements made by the life to be
assured under heading 10 to 28 of the proposal form and declaration relative thereto shall be the basis of
the contract of assurance between me and the Life Insurance Corporation of India and that if any untrue
averment to be contained there in the said contract shall be dealt with as per provisions of Section 45 of the
Insurance Act,1938 as amended from time to time.

And I further declare that if after the date of submission of the proposal but before the issue of first
premium receipt ( i) any change in the occupation of the life to be assured or any adverse circumstances
connected with the financial position or general health of the life to be assured or that of any member of his
family occurs or (ii) if a proposal for assurance or an application for revival of a policy on the life to be
assured made to any office of the Corporation has been withdrawn or dropped , deferred or declined or
accepted with an increased premium or subject to lien or on terms other than as proposed, I shall forthwith
intimate same to the Corporation in writing to reconsider the terms of acceptance . Any omission on my part
to do so shall render this contract to be dealt with as per provisions of Section 45 of the Insurance Act,
1938 as amended from time to time.

Dated at__________________on the _______________day of _______________20 _________

Signature of Witness: ______________ ______________________

Name :__________________________ ( Signature or thumb impression of the

Proposer)

Occupation and address: ___________

________________________________

________________________________

10
 1. Declaration by the person filling in the form (In case form is filled up/signed in a language
different from that of the Proposal Form or in case the proposer is person with disability
(PWD) where he/she is not able to fill the proposal form himself/ herself.)

“I hereby declare that I have fully explained the above questions to the proposer and I have truthfully
recorded the answers given by the proposer and proposer has affixed the thumb impression/ signature as
below after fully understanding the contents thereof.”

Name of the Declarant:________________ Signature:____________________

Address of the Declarant:________________

“I certify that the contents of the form and documents have been fully explained to me by (Name,
Designation, occupation) Mr. / Mrs.:_____________________________ and I have understood the
significance of the proposed contract.

_____________________________________________________________

Signature or thumb impression of the proposer

2. In case the proposer and / or life to be assured is / are illiterate the thumb impression of the
proposer/ life to be assured 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 .

“ I hereby declare that I have fully explained the above questions and contents of the proposal form to the
proposer/ life to be assured in __________________________ language and that the proposer/ life to be
assured has affixed the thumb impression above after fully understanding the contents thereof .”

Name and address of the Declarant: _________________ Signature

SECTION 45 OF THE INSURANCE ACT,1938 AS AMENDED BY INSURANCE

LAWS(AMENDMENT)ACT,2015
(1) No policy of life insurance shall be called in question on any ground whatsoever after the expiry of
three years from the date of the policy, i.e., from the date of issuance of the policy or the date of
commencement of risk or the date of revival of the policy or the date of the rider to the policy, whichever is
later.

(2)A policy of life insurance may be called in question at any time within three years from the date of
issuance of the policy or the date of commencement of risk or the date of revival of the policy or the date of
the rider to the policy, whichever is later, on the ground of fraud :

Provided that the insurer shall have to communicate in writing to the insured or the legal representatives or
nominees or assignees of the insured the grounds and the materials on which such decision is based.

Explanation I - For the purpose of this sub section, the expression “fraud” means any of the following acts
committed by the insured or by his agent, with the intent to deceive the insurer or to induce the insurer to
issue a life insurance policy :

11
 (a) The suggestion, as a fact of that which is not true and which the insured does not believe to be true;

(b) The active concealment of a fact by the insured having knowledge or belief of the fact ;

(c) Any other act fitted to deceive ; and

(d) Any such act or omission as the law specially declares to be fraudulent.

Explanation II – Mere silence as to facts likely to affect the assessment of the risk by the insurer is not
fraud, unless the circumstances of the case are such that regard being had to them, it is the duty of the
insured or his agent, keeping silence to speak, or unless his silence is, in itself, equivalent to speak.

(3) Notwithstanding anything contained in sub-section (2), no insurer shall repudiate a life insurance policy
on the ground of fraud if the insured can prove that the mis-statement of or suppression of a material fact
was true to the best of his knowledge and belief or that there was no deliberate intension to suppress the
fact or that such mis-statement of or suppression of a material fact are within the knowledge of the insurer:

Provided that in case of fraud, the onus of disproving lies upon the beneficiaries, in case the
policyholder is not alive.

Explanation: A person who solicits and negotiates a contract of insurance shall be deemed for the purpose
of the formation of the contract, to be agent of the insurer.

(4) A policy of life insurance may be called in question at any time within three years from the date of
issuance of the policy or the date of commencement of risk or the date of revival of the policy or the date of
the rider to the policy, whichever is later, on the ground that any statement of or suppression of a fact
material to the expectancy of the life of the insured was incorrectly made in the proposal or other document
on the basis of which the policy was issued or revived or rider issued:

Provided that the insurer shall have to communicate in writing to the insured or the legal representatives or
nominees or assignees of the insured the grounds and materials on which such decision to repudiate the
policy of life insurance is based:

Provided further that in case of repudiation of the policy on the ground of misstatement or suppression of a
material fact, and not on ground of fraud, the premiums collected on the policy till the date of repudiation
shall be paid to the insured or the legal representatives or nominees or assignees of the insured within a
period of ninety days from the date of such repudiation.

Explanation – For the purposes of this sub-section, the mis-statement of or suppression of fact shall not be
considered material unless it has a direct bearing on the risk undertaken by the insurer, the onus is on the
insurer to show that had the insurer been aware of the said fact no life insurance policy would have been
issued to the insured.

(5) Nothing in this section shall prevent the insurer from calling for proof of age at any time if he is entitled
to do so, and no policy shall be deemed to be called in question merely because the terms of the policy are
adjusted on subsequent proof that the age of the life insured was incorrectly stated in the proposal.’

SECTION 41 OF THE INSURANCE ACT,1938 AS AMENDED BY INSURANCE LAWS(AMENDMENT

)ACT,2015

1) No person shall allow or offer to allow, either directly or indirectly, as an inducement to any person to
take out or renew or continue an insurance in respect of any kind of risk relating to lives or property in
India, any rebate of the whole or part of the commission payable or any rebate of the premium shown
on the policy, nor shall any person taking out or renewing or continuing a policy accept any rebate,

12
 except such rebate as may be allowed in accordance with the published prospectus or tables of the
insurer.

Provided that acceptance by an insurance agent of commission in connection with a policy of life
insurance taken out by himself on his own life shall not be deemed to be acceptance of a rebate of
premium within the meaning of this sub-section if at the time of such acceptance the Insurance agent
satisfies the prescribed conditions establishing that he is a bonafide Insurance Agent employed by the
insurer.

2) Any person making default in complying with the provisions of this section shall be liable for a penalty
which may extend to ten lakh rupees.

FOR MEDICAL CASES ONLY

“ I certify that the proposer / life to be assured has / have signed put his/her thumb impression(s) in my
presence after

admitting that all the answers to the question number 14 and onwards of this proposal form have correctly
recorded”.

_______________________________________ ________________________________________

Signature/thumb impression of the life to be Signature or thumb impression of the Proposer

Assured before Medical Examiner `

______________________

Signature of Medical Examiner

N.B.: Signature or thumb impression should be affixed in presence of Medical Examiner

MINOR LIVES ONLY F. NO 3293A

With reference to the proposal for Rs. __________________ on the life of my son/daughter, I hereby agree
and undertake that if under the policy that may be issued, any payment is received by me by way of, loan (if
admissible) Surrender, Cash Option, or for any other reasons whatsoever before the policy has vested in Life
Assured, I shall utilise the moneys thereby received for the benefit of the minor or his estate.

_______________________

Signature of the witness Signature of the proposer

13
 Occupation ____________________

Address of the witness ________________

Note: In case of dispute in respect of interpretation of terms the English version shall stand valid.

Addendum to Proposal Form for LIC’s e-services

(Fields marked with asterisk (*) are compulsory)

(a) Do you wish to avail LIC’s e-services for your

Policy through the Customer Portal of L.I.C. of India? YES / NO

(b) Are you already registered with customer portal of LIC of India? YES / NO

(c) If yes, please provide Policy Number of one of

the policies enrolled on the customer portal : | | | | | | | |

(d) Your e-mail id for future correspondence (*)

(e) Your Mobile Number (*) : 9|1| | | | | | | | | |

(f) PAN Number: | | | | | | | | |

(g) Passport Number: | | | | | | | | | | |

14
 (h) UID (Aadhaar) Number: | | | | | | | | | | |

(It is mandatory to provide either PAN No, Passport No or UID No. for availing LIC’s e services)

Date : ___________ _____________________

Signature of the Proposer

Place : ___________ Name of Proposer : ___________________

15