Hennepin Minnesota Sample Letter to Defendant concerning Repayment of Unearned Premiums

• Category: Letters - Legal - Collections
• State: Multi-State
• County: Hennepin
• Control #: US-0415LTR
• Format: Word; Rich Text

Description

This form is a sample letter in Word format covering the subject matter of the title of the form. [Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Defendant's Name] [Defendant's Address] [City, State, Zip Code] Re: Repayment of Unearned Premiums — Request for Settlement Dear [Defendant's Name], I hope this letter finds you in good health. I am writing to bring to your attention an outstanding matter concerning the repayment of unearned premiums from an insurance policy issued by [Insurance Company Name]. As you may recall, on [Policy Start Date], you entered into an insurance contract with [Insurance Company Name] for coverage on [Property/Vehicle/Asset]. According to the terms and conditions outlined in the policy, the premium was to be paid in advance for the coverage period of [Policy Start Date] to [Policy End Date]. However, due to [Reason for Termination/Cancellation of Policy], the insurance policy was prematurely terminated on [Termination/Cancellation Date]. As a result, you are entitled to a refund of the unearned premiums corresponding to the unused portion of the policy. According to our records, the total amount of unearned premiums due to you is [$XXX.XX]. This amount represents the prorated share of the premium for the time period from the termination of the policy to the originally agreed upon policy end date. It is essential to note that the refund should be calculated based on the policy's cancellation provisions and as required by Minnesota state insurance regulations. In accordance with Minnesota insurance laws, [Insurance Company Name] is obligated to promptly issue a refund of the unearned premiums owed to you upon termination of the policy. Failure to do so within [number of days/months] from the date of this letter may result in legal action to enforce your rights as the policyholder. To expedite the resolution of this matter, I kindly request that you provide your full cooperation by promptly reviewing and confirming the outstanding amount of [$XXX.XX] as the unearned premium refund owed to you. If our calculations are accurate, we kindly request that you respond to this letter within [number of days] days with your written confirmation to initiate the reimbursement process. For your convenience, enclosed with this letter are copies of relevant documents such as the original policy, termination/cancellation notice, and any other pertinent correspondence. Please review them thoroughly to verify our calculations and notify us of any discrepancies, should they exist. If you have any questions, concerns, or require any supporting documentation, please do not hesitate to contact our office at [Your Phone Number] or via email at [Your Email Address]. We are committed to resolving this matter promptly and ensuring that you receive the repayment of your unearned premiums to which you are entitled under Minnesota state insurance regulations. Thank you for your attention to this matter. We look forward to your prompt response. Yours sincerely, [Your Name]

[Your Name] [Your Address] [City, State, Zip Code] [Email Address] [Phone Number] [Date] [Defendant's Name] [Defendant's Address] [City, State, Zip Code] Re: Repayment of Unearned Premiums — Request for Settlement Dear [Defendant's Name], I hope this letter finds you in good health. I am writing to bring to your attention an outstanding matter concerning the repayment of unearned premiums from an insurance policy issued by [Insurance Company Name]. As you may recall, on [Policy Start Date], you entered into an insurance contract with [Insurance Company Name] for coverage on [Property/Vehicle/Asset]. According to the terms and conditions outlined in the policy, the premium was to be paid in advance for the coverage period of [Policy Start Date] to [Policy End Date]. However, due to [Reason for Termination/Cancellation of Policy], the insurance policy was prematurely terminated on [Termination/Cancellation Date]. As a result, you are entitled to a refund of the unearned premiums corresponding to the unused portion of the policy. According to our records, the total amount of unearned premiums due to you is [$XXX.XX]. This amount represents the prorated share of the premium for the time period from the termination of the policy to the originally agreed upon policy end date. It is essential to note that the refund should be calculated based on the policy's cancellation provisions and as required by Minnesota state insurance regulations. In accordance with Minnesota insurance laws, [Insurance Company Name] is obligated to promptly issue a refund of the unearned premiums owed to you upon termination of the policy. Failure to do so within [number of days/months] from the date of this letter may result in legal action to enforce your rights as the policyholder. To expedite the resolution of this matter, I kindly request that you provide your full cooperation by promptly reviewing and confirming the outstanding amount of [$XXX.XX] as the unearned premium refund owed to you. If our calculations are accurate, we kindly request that you respond to this letter within [number of days] days with your written confirmation to initiate the reimbursement process. For your convenience, enclosed with this letter are copies of relevant documents such as the original policy, termination/cancellation notice, and any other pertinent correspondence. Please review them thoroughly to verify our calculations and notify us of any discrepancies, should they exist. If you have any questions, concerns, or require any supporting documentation, please do not hesitate to contact our office at [Your Phone Number] or via email at [Your Email Address]. We are committed to resolving this matter promptly and ensuring that you receive the repayment of your unearned premiums to which you are entitled under Minnesota state insurance regulations. Thank you for your attention to this matter. We look forward to your prompt response. Yours sincerely, [Your Name]