Dear [Defendant's Name], Repayment of Unearned Premiums — Kentucky I hope this letter finds you in good health. I am writing to discuss an important matter regarding the repayment of unearned premiums. As per our previous communication, you remained a defendant in a legal case regarding [provide brief description of the case]. Under Kentucky state law, it is necessary for us to address the issue of unearned premiums owed to the insurance company. Unearned premiums are the portion of the insurance premium that has been paid by the insured but has not yet covered the risk due to the cancellation or termination of the insurance policy. Based on our records, it has been determined that there are unearned premiums accruing to an amount of [specific amount]. These unearned premiums are the result of the early termination or cancellation of your insurance policy, and according to the terms and conditions outlined in the policy, you are liable to repay the unearned premiums. We kindly request that you remit the outstanding unearned premiums within [specific timeframe], as dictated by Kentucky law. Failure to do so will result in further legal actions being taken against you to recover the owed amount. To facilitate the repayment process, we provide several acceptable payment options for your convenience. You may opt to make a lump sum payment by check or money order, payable to [Insurance Company Name]. Please include the reference or account number [specific number] on the payment for accurate allocation. Alternatively, you can also arrange for an electronic funds transfer (EFT) directly to our designated bank account. Kindly contact our billing department at [billing department contact details] for further assistance in initiating an EFT payment. To avoid any misunderstandings or delays, we strongly recommend adhering to the repayment deadline stated above. Prompt settlement of this debt will not only ensure compliance with Kentucky state law but will also mitigate further legal action. If you require any clarification regarding the repayment amount or need assistance in determining the outstanding unearned premiums, please do not hesitate to contact us at [insurance company contact details]. Our dedicated customer service team will gladly address any concerns you may have. Thank you for your immediate attention to this matter. We appreciate your cooperation in resolving this issue promptly and look forward to receiving your payment in due course. Yours sincerely, [Your Name] [Your Title/Position] [Insurance Company Name] [Insurance Company Contact Details] Note: It is important to consult with legal professionals or obtain specific guidance related to your case, as the sample letter provided is for reference purposes only. It is crucial to tailor the letter to match the unique circumstances of the case.
Kentucky Sample Letter to Defendant concerning Repayment of Unearned Premiums
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