Prospectus

UK: a form giving details of the cover available under a policy, optional additional benefits, rebates etc, often printed as part of the proposal form.
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A proposal form which also details the Insurance cover available.
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The disclosure document prepared and distributed by a company in connection with its offer to sell securities. The 1933 Act broadly defines the term to include any notice, circular, advertisement, letter or communication, whether written or by radio or television, which offers any security for sale. The prospectus may not contain any false or misleading information regarding the securities or the offering. In private placements of securities (i.e., securities offerings that are exempt from registration with the SEC), this disclosure document is frequently referred to as an “offering memorandum” or “offering circular.”

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