Okuzeka
Insurance vocabulary · Underwriting & Risk

Proposal form

Meaning in insurance, with examples

nounCommon term

In insurance, proposal form means: The form a customer fills in when applying for insurance, giving the facts the insurer needs to assess the risk.

In Turkish: teklif formu, sigorta başvuru formu

How it is used

A British term; American English says 'application' or 'application form'. Customers complete and sign the proposal form, and wrong answers can lead the insurer to refuse a claim later. Many forms are now filled in online.

Example sentences

  1. Please answer every question on the proposal form, including previous claims.

  2. The proposal form didn't mention that the shop had a second floor.

Common collocations

  • complete a proposal form
  • sign the proposal form
  • questions on the proposal form
  • online proposal form
  • material factAny information that would affect an insurer's decision to accept a risk or the premium it charges, and that the customer must therefore disclose.
  • underwritingThe process of studying a risk, deciding whether to insure it and setting the price and conditions of the policy.
  • quoteA statement of how much a policy will cost and on what main terms, given to a customer before they decide to buy.
  • utmost good faithThe principle that both sides of an insurance contract must be completely honest and share all important information with each other.

More terms: Underwriting & Risk

Practise with graded reading

Reading at the right level is the fastest way to make new words stick. Pick free English books by level:

This page explains English vocabulary for learners. It is not financial advice.