I hereby declare that I have read out and explained the contents of this proposal form and all other documents incidental to availing the insurance policy from SBI Life Insurance Company Ltd. to the Proposer /policyholder/member insured and that he/she declared that he/she has understood the same completely. I hereby declare that I have fully explained to the Proposer /policyholder/member insured the answers to the questions that form the basis of the contract of insurance and I also explained to the Proposer /policyholder/member insured that if there is any mis-statement or suppression of material information or if any untrue statements are contained therein or in case of fraud, the said contract shall be treated as per the provisions of Section 45 of the Insurance Act 1938 as amended from time to time.