Insurance Proposal Template Sample | Proposal Example

Insurance Proposal Template

Overview

Founded in [year], [Company Name] is an insurance company based in [City/Country] that offers clients, which consist of individuals and businesses, a wide range of insurance plans. Since the establishment of [Company Name], we have gained significant growth. As for now, we have [x] branches throughout the country.

[Company Name] serves clients by providing innovative product solutions according to your needs, including health, life, home, auto, business, and travel insurance. The insurance protects you from potential risks and losses caused by accidents, diseases, natural disasters, theft, and other unforeseeable events.

Thus far, we have worked with more than [x] clients. Because we recognize that each client has their own unique needs and expectations, our team of more than [x] experienced financial advisors always ensures that each product is tailored to fit those demands.

Why Us

When you choose [Company Name] as your insurance carrier, here are the things you can expect from us:

24/7 Customer Support. Anytime you have an emergency or need financial assistance, we will be there for you. Don’t hesitate to contact us.
Tailored Plans According to Your Needs. Every individual has their own specific needs. What works for others may not work for you. Therefore, our team will make sure to prepare plans that work best for you.
Expert Financial Advisors with Years of Experience. Our financial advisors are experts in their field. Each of them has years of experience handling all kinds of individuals and companies.
Achievements from Many Financial Organizations. [Company Name] has achieved a number of awards and achievements, including [mention the awards and who issued them]. This proves our commitment and seriousness to being the leader in the industry.

Services Packages

[Company Name] offers a wide range of comprehensive insurance packages. Our packages include but are not limited to:

Health Insurance

This insurance covers medical expenses such as doctor visits, hospitalization, prescription medications, medical procedures, and many more medical-related expenses. There are many types and packages of health insurance to choose from at our company, including individual and family.

Home Insurance

This insurance protects the insured’s house, including its construction, personal items, and liability protection. Additional protection, such as flood insurance or earthquake insurance, can be added to the policy.

Business Insurance

This insurance includes general liability, property insurance, workers’ compensation, and cyber liability coverage for a small company. The general liability coverage protects the company against third-party litigation, whereas the property insurance covers damage to the company’s property.

Travel Insurance

This insurance covers unforeseen situations when travelling, such as trip cancellation, medical problems, and lost or stolen luggage. The coverage can be tailored to the insured’s exact travel requirements and preferences according to the destination and length of the travel.

What Our Customers Say

[Client’s Name]

[Name] has been our loyal customer for more than [x] years. As an avid traveller, [Name] realizes the importance of coverage protection. As a result, after unexpected events during their travels, [Name] hasn’t experienced significant financial losses even after going through cancelled flights, lost luggage, and medical emergencies that they have encountered. We appreciate [Name] ‘s loyalty and confidence in our company and are dedicated to offering the finest insurance options to match their needs.

[Client’s Name]

Initially, [Name] didn’t believe in the importance of insurance. However, that was until he witnessed and experienced accidents, fender benders, and vehicle thefts. Since [Name] applied for auto insurance, he has never been worried about those cases. We are grateful for [Name] ‘s loyalty and trust in our company.

Milestones

These are the milestones and timelines you should expect when you work with us:

Milestone 1: Initial Consultation
Timeline: Within one week of receiving the client’s inquiry.

Milestone 2: Insurance Application and Underwriting
Timeline: Within two weeks of the initial consultation.

Milestone 3: Insurance Policy Issuance and Premium Payment
Timeline: Within one week of receiving the underwriting decision.

Milestone 4: Policy Review and Renewal
Timeline: Annually, starting one year after the policy issuance date.

Terms and Conditions

Before proceeding to the next step, please read these terms and conditions:

Coverage

The insurance policy covers the risks and events outlined in the policy agreement. This coverage will be effective from the policy start date and will continue until the policy expiry date.

Premiums

The insured agrees to pay the premiums outlined in the policy. Premiums can be paid in instalments or in full. Failing to pay the premiums may result in the insurance being automatically cancelled or not renewed.

Claims

The insured must immediately notify the insurance company of any loss or damage covered by the policy. To be eligible for coverage, the insured must submit all required paperwork to support the claim. The insurer has the right to conduct an investigation before issuing coverage.

Insurance Proposal Template

Prepared For Mr. Aman Tilak