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Dear Mr. Carrick

APPLICATION FOR POLICY SURRENDER

We regret to receive your application for policy surrender and trust that you have seriously considered your decision before surrendering your policy. Surrendering is strongly discourage, as it would mean a loss of protection for you and your loved ones.

Your policy has been terminated effective 19/02/2009 as a result of your application for surrender. The cash surrender value of $ 9,887.85 ( excluding Interim Cash Payment(s) and excess payment(s) is derived as follows :

There are other options available besides policy surrender, such as reducing your premium size, policy loan and reduced paid up. You are most welcomed to call us if you would like to further explore these options.

Should you change your mind and decide to continue with your policy instead of surrendering, we will be happy to consider reinstating your policy if we receive your request for withdrawal within two weeks from the policy surrender application date.

Please feel free to call your agent or our Customer Service Representative at toll free 1-800-88-0303 between 8.30 am to 5.30 pm from Mondays to Thursdays and between 8.30 am to 4.30 pm on Fridays if you require assistance.

Thank you.

P/S If you are paying your premium via Standing Instructions with your bank/employer, please advise your bank/employer to terminate the facility immediately.

 

This is a computer generated letter and does not require any signature.


     
reinstate   to give someone back their previous job or position, or to cause something to exist again
     
 
     
 
 

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