Never Sign Blank or Incomplete Contracts

When taking out an insurance policy, whether on your own or through a broker or agent, you may be asked to sign a blank or incomplete contract with the promise that details will be filled in later. If this happens, you must REFUSE. These contracts are legally binding, much like those used for purchasing a home or a vehicle, and should never be signed without fully understanding their contents. You should always read the entire contract and ensure that all terms are explained clearly and in a language you understand. Signing blank documents can expose you to fraud, where dishonest brokers or agents may insert misleading or inflated information—potentially doubling or tripling your premium. It may also result in you being locked into unsuitable insurance products that can create long-term financial strain. Refusing to sign incomplete contracts helps protect you from unnecessary financial loss and penalties. Always request a copy of the signed agreement for your records in case the document is altered later. If a broker or agent insists you sign a blank or incomplete contract, it is advisable to cancel the process and consider a more reputable insurance provider. Although it may seem inconvenient, it is far safer than dealing with the consequences of unethical conduct