BTE Legal Expenses Insurance Proposal Form
This form helps the insurer to decide whether to insure you and if so, on what terms. You must therefore tell us anything about your crypto investments that could influence our decision.
This includes details about, for example, the nature of your crypto assets, the blockchains or exchanges you have used, other investments you may hold, your insurance history, and your tax status.
Important notice to you about completing this proposal form
Insurance is a contract between the insurer and you the insured. Because you know more about the material facts, and therefore the risk we might take by providing insurance, the law imposes a positive duty on you to disclose anything which might: (a) adversely affect our decision to provide cover; and (b) impact the terms we are willing to offer.
The Insurance Act 2015 imposes on you a duty of ‘fair presentation’, which requires you to ensure that every material representation you provide relating to the facts and your expectations or beliefs is made in good faith.
Put another way, you must tell us everything which you know or ought to know which might impact our decision to insure you.
Failure to provide us with all relevant material at the outset may void any contract of insurance or entitle us to terminate such contract immediately and without liability.
What you should do
- All questions must be answered. If not applicable, state n/a.
- If there is insufficient space to provide answers, further information should be added to the additional details box.
- Where possible, details or a screenshot of the platform you are using for your crypto investment should be provided.
Failure to provide us with comprehensive information in an appropriate manner may adversely affect our appetite for the risk or ability to offer you terms.
If in doubt as to the meaning of any question raised in this proposal form, or your obligations relating to fair presentation and good faith representations, please contact M2 Recovery Limited.
Please note that if you wish to submit your form by email, an indication of terms and conditions may be provided on the basis of this proposal form.
Agreeing to this form does not obligate you to accept any subsequent offer of an insurance policy. We recommend that you keep a record of all information supplied to us, including copies of letters, emails, and this proposal form.