State need of insurance history in proposal form.

State need of insurance history in proposal form.
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1 Answer

Answer :

Need of insurance history in proposal form:

1. Gives information about previous insurance policy

2. It gives information about the claims in the previous insurance policy.

3. Gives information about name, address, any no claim bonus in previous policy.

4. Also it gives information about risk exposure of person, property, or vehicle.
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