DOs AND The DONTs: DO Read the Proposal Before Signing
There are now nineteen companies engaged in Insurance business in Sri Lanka . They are all private companies. They all use Agents to sell their policies. It is normally the Agent who brings the proposal form to you when you want to insure. He also helps you to fill up the form. Sometimes the Agent himself fills up the form and you merely sign. However, please make sure that you know what is stated in the proposal form because once you sign it you cannot be heard to say that it was the Agent who filled it up and therefore you are not responsible. A person who signs a document is liable for what he has signed.