• Webpages
  • Documents
  • HDFC Life ClassicAssure PlusInvestment
  • HDFC Life ClassicAssure PlusInvestment
  • HDFC Life ClassicAssure PlusInvestment

For NRI Customers

(To Buy a Policy)

(If you're our existing customer)

For Online Policy Purchase

(New and Ongoing Applications)

Branch Locator

For Existing Customers

(Issued Policy)

Fund Performance Check

Importance of a Proposal Form and the Declarations Made Therein

Importance of a Proposal Form and the Declarations Made Therein
February 29, 2024


  • Proposal form in Insurance form serves as the basis on which an insurance policy is issued.
  • Accurate details need to be filled in order to avoid issues later on
  • Verification of details entered are necessary to enjoy benefits of policy

When applying for insurance, a proposer has to fill out the proposal form of the life insurance company. The Insurance Proposal is an important document which provides the details of the proposer and the life assured and which is used as a basis to ascertain the insurability of an individual. Important aspects of your policy such as premiums, and the terms and conditions are based on the information that you provide in this document. The insurance contract is based on the trust that the details you enter in the proposal form are accurate and to the best of your knowledge.

Form Filling

Since the accuracy of details that are entered in the proposal form are critical to the insurance policy, necessary steps should be taken to ensure that the person buying the policy is the one filling the form. Most people just sign the form and allow someone else to fill the details. This might lead to the person inadvertently missing out on some important details that only you’ll know. Therefore, the form should not only be filled by the proposer, but also checked once again to verify that correct details are given. In the event the proposal form is in a language that the proposer doesn’t understand, it should be made sure that all the terms are clearly explained and the proposer has full understanding of the contents in the proposal form before signing the document.

The Insurance Proposal Form

There are many details required in the insurance proposal form, but here are some of the basic and most important ones, that if not filled properly can lead to issues in claim settlement.

  • Name

    This is very important, as the name entered here will be the name of the policyholder. At the time of claim, if this name does not match, it can lead to non-settlement of the claim.

  • Address

    If the address is not properly stated, it can lead to a communication gap, which might mean missing out on crucial correspondence from the insurance company.

  • Occupation

    Which occupation the proposer is involved in affects the decision of the insurance underwriter to a great extent. It can lead to rejection of the proposal or hike in the rate of premium.

  • Sum Insured

    This is the reason why you are opting for the insurance policy. The sum insured is the amount for which you are seeking coverage, and is also the limit to which the insurer is liable.

  • Age

    the age as per the last birthday before the filling of the proposal form.

Completed Proposal Form

In your Insurance Proposal Form, make sure all the details like Name, Address, Occupation, Age, Bank Details, Identity and all necessary information are correctly filled. Make sure you fill it with utmost accuracy. You need to attach certain documents along with the claim form, as asked.


As mentioned before, the relation between the insurer and the insured is based on trust, and every proposal form comes with a declaration to this effect. These declarations consist of statements such as: ‘details given here are true and nothing has been hidden or misrepresented’, ‘the proposal form shall form the basis of the contract’ and ‘the proposer agrees to pay the premium and accept a policy that will be offered after due assessment’.

From the above points, we come to understand just how important the proposal form really is. Hence, it is paramount that those buying an insurance policy should pay meticulous attention while filling their details in this important document, failure of which may lead to adverse consequence.

Related Articles

ARN: ED/08/22/28488

Francis Rodrigues Francis Rodrigues

Francis Rodrigues has a decade long experience in the insurance sector, and as SVP, E-Commerce and Digital Marketing, HDFC Life, manages the online sales channel, as well as digital and performance marketing. He has had hands-on experience in setting up sales channels and functional teams from scratch over a career spanning 2 decades.

LinkedIn profile

Author Profile Written By:
Vishal Subharwal Vishal Subharwal

Vishal Subharwal heads the Strategy, Marketing, E-Commerce, Digital Business & Sustainability initiatives at HDFC Life. He is responsible for crafting and ensuring successful implementation of the overall organisation strategy.

LinkedIn profile

Reviewed By Reviewed By:
HDFC life
HDFC life


Reviewed by Life Insurance Experts


We at HDFC Life are committed to offer innovative products and services that enable individuals live a ‘Life of Pride’. For over two decades we have been providing life insurance plans - protection, pension, savings, investment, annuity and health.