Document background
The Insurance Proposal Form is a fundamental document in Swiss insurance practice, required whenever an individual or organization seeks to obtain insurance coverage. This document, regulated under Swiss law, particularly the Federal Insurance Contract Act (VVG/LCA) and supervised by FINMA, serves as the primary means of collecting essential information for risk assessment and policy issuance. The form must be completed by the proposer with complete honesty and accuracy, as it forms the basis of the insurance contract. It includes detailed questions about the subject matter to be insured, risk factors, previous claims history, and other relevant information that allows insurers to evaluate the risk and determine appropriate premium rates. The document is designed to comply with Swiss data protection requirements and insurance regulations, making it a crucial tool in the insurance application process.
