To,
The Branch Manager,
(Insurance Company Name)
(Address)
Sir,
ADVERTISEMENTS:
This is to draw your kind attention towards the lapse of an endowment Policy No. ____________, ____________ (Date), for which I was paying half-yearly premium. My last premium was on ____________ (Date). Thereafter due to incurring huge losses in business, I was unable to pay the next two half-yearly premier; as a result, my policy lapsed.
However by the sudden change in fortune and by the grace of the Almighty, my business has taken a concrete shape and the reversal of my financial condition has put me in a position to continue with my policy. Kindly intimate me as to how much should I pay in order to renew my policy, including the penalty levied. Your earliest response in this matter is awaited.
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Thanking you.
ADVERTISEMENTS:
Yours Sincerely,
(Your Name)
Reply to the previous letter
To,
(Name)
(Address)
(Date)
Sir,
This is in reference to your letter ____________ (Date) regarding your Endowment Policy No, ____________ for a period of twenty years. Well, we take this opportunity to thank you for your interest shown in renewing the policy and at the same time understand your position and sympathies you for your sudden slump in the business. In life all these cycles do occur, but to renew a policy which concerns unforeseen mishaps, on your part is not only an intelligent step but also a very bold one.
ADVERTISEMENTS:
We are deputing our Development Officer, ____________ (Officer Name), who will call on you on ____________ (Date), in the morning around ____________ (Time) and will explain you all the necessary details. You are requested to hand him over the cheque for the amount and the penalty will be negligible, since the delay is just of one year. At the same time, we have come out with some new policies which you can have for your children. In case of any confusion, do feel free to revert to us.
Assuring you of our best services.
Yours Sincerely,
(Branch Manager)