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Whom is called proposer in Health Insurance?

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09 Aug, 2021 by  Jay

I wonder who the proposer is while filing the details in Health Insurance? Why Max Bupa asking Proposer's unique details for creating e-Insurance account? I think Details of Applicants means the people who are to be insured? Is it correct?


One more question, if we gave any incorrect details like proposer details, within how much time we have to correct it? Can we correct until the expiry of Policy? I know all these are noob questions, please clarify me as I'm new to all these things. Thanks.

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Basics of Insurance

1 Answer

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09 Aug, 2021
Self Employed - Digital Consultant

Proposer is the applicant/policyholder/owner/premium payor of an insurance policy.


Insured members are all people who are insured under a policy. Proposer may or may not be an insured member.


When you open an e-Insurance account and register your active insurance policies, it will prompt you for important details like proposer details, insured member info, etc. Nothing abnormal about it.


Change/correction of proposer details:


The KYC details of proposer like mobile no, email ID, address, etc can be updated anytime during policy period.


In case of death of proposer, the nominees in the policy can also upgrade one of the insured members as the new proposer by submitting a change request form along with required supporting documents.


Hope this suffices. Feel free to ask if we haven't answered any of your questions.


Take care,


Asad Akbar





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10 Aug, 2021
Jay
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10 Aug, 2021
Self Employed - Digital Consultant
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10 Aug, 2021
Jay
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10 Aug, 2021
Co-founder, SureClaim
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11 Aug, 2021
Jay
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12 Aug, 2021
Jay
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12 Aug, 2021
Self Employed - Digital Consultant
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12 Aug, 2021
Jay
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12 Aug, 2021
Self Employed - Digital Consultant
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12 Aug, 2021
Jay
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12 Aug, 2021
Jay
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12 Aug, 2021
Self Employed - Digital Consultant
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