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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.
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