Don’t Sign Blank Insurance Contracts: Protect Yourself
If you're unsure or feel pressured, walk away—it's better to delay than to regret.When applying for an insurance policy, never sign a blank or incomplete contract—even if asked to do so by a broker or agent. Insurance contracts are legally binding, and signing without reading or understanding the contents puts you at serious financial risk.
Dishonest agents can fill in misleading or costly terms, resulting in:
- Higher premiums
- Wrong insurance products
- Long-term financial strain
Quick Tips
- Never sign blank or partially completed contracts
- Watch out for pre-checked boxes that commit you to hidden terms
- Insist that everything promised verbally is in writing
- Don’t rush, take your time to read and understand the contract
- Ask questions or consult a financial advisor or lawyer if needed
- Keep a copy of every document you sign for your records