San Antonio Texas Sample Letter to Defendant concerning Repayment of Unearned Premiums

• Category: Letters - Legal - Collections
• State: Multi-State
• City: San Antonio
• 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] Subject: Request for Repayment of Unearned Premiums — [Your Policy Number] Dear [Defendant's Name], I hope this letter finds you well. My name is [Your Name], and I am writing to you as a policyholder of [Insurance Company Name], holding policy number [Your Policy Number]. I recently became aware that a significant portion of the premium I paid for my insurance policy has been deemed unearned due to the early cancellation of the policy. Upon review, I discovered that the applicable state laws and regulations mandate the return of unearned premiums upon cancellation or termination of an insurance policy. As a result, I kindly request that you reimburse me the unearned premiums amounting to [Specify Amount] within [Specify Duration, e.g., 30 days] from the date of this letter. I would like to draw your attention to the following key points regarding the unearned premium repayment: 1. Calculation of Unearned Premiums: The unearned premium is calculated by multiplying the remaining unused coverage period by the daily rate of the premium. The resulting amount represents the proportionate share of premiums that rightfully belongs to me. 2. Insurance Policy Cancellation: The policy cancellation occurred due to [Specify Reason for Cancellation]. As per the terms and conditions outlined in the policy, the cancellation date was [Cancellation Date]. Consequently, the unearned premium calculation should be based on this cancellation date. 3. Statutory Obligation: Under [State Name] statutory provisions, insurance companies are obligated to refund unearned premiums to policyholders. Failing to comply with this legal requirement may result in penalties and regulatory actions. I kindly ask you to review the above information and promptly initiate the reimbursement process to avoid any inconvenience or escalation of this matter. In order to facilitate the process, please provide a detailed breakdown of the unearned premiums' calculation along with the repayment timeline and method. If I do not receive a satisfactory response or repayment within the aforementioned timeline, I will be forced to seek legal remedies available to me under the law to protect my rights as a policyholder. This may include filing a complaint with the relevant regulatory body and pursuing legal action to recover the unearned premiums. I hope that we can resolve this matter amicably and promptly. Should you require any further information or clarification regarding my policy or the repayment request, please do not hesitate to contact me at [Your Phone Number] or via email at [Your Email Address]. Thank you for your attention to this matter, and I await your prompt response. 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] Subject: Request for Repayment of Unearned Premiums — [Your Policy Number] Dear [Defendant's Name], I hope this letter finds you well. My name is [Your Name], and I am writing to you as a policyholder of [Insurance Company Name], holding policy number [Your Policy Number]. I recently became aware that a significant portion of the premium I paid for my insurance policy has been deemed unearned due to the early cancellation of the policy. Upon review, I discovered that the applicable state laws and regulations mandate the return of unearned premiums upon cancellation or termination of an insurance policy. As a result, I kindly request that you reimburse me the unearned premiums amounting to [Specify Amount] within [Specify Duration, e.g., 30 days] from the date of this letter. I would like to draw your attention to the following key points regarding the unearned premium repayment: 1. Calculation of Unearned Premiums: The unearned premium is calculated by multiplying the remaining unused coverage period by the daily rate of the premium. The resulting amount represents the proportionate share of premiums that rightfully belongs to me. 2. Insurance Policy Cancellation: The policy cancellation occurred due to [Specify Reason for Cancellation]. As per the terms and conditions outlined in the policy, the cancellation date was [Cancellation Date]. Consequently, the unearned premium calculation should be based on this cancellation date. 3. Statutory Obligation: Under [State Name] statutory provisions, insurance companies are obligated to refund unearned premiums to policyholders. Failing to comply with this legal requirement may result in penalties and regulatory actions. I kindly ask you to review the above information and promptly initiate the reimbursement process to avoid any inconvenience or escalation of this matter. In order to facilitate the process, please provide a detailed breakdown of the unearned premiums' calculation along with the repayment timeline and method. If I do not receive a satisfactory response or repayment within the aforementioned timeline, I will be forced to seek legal remedies available to me under the law to protect my rights as a policyholder. This may include filing a complaint with the relevant regulatory body and pursuing legal action to recover the unearned premiums. I hope that we can resolve this matter amicably and promptly. Should you require any further information or clarification regarding my policy or the repayment request, please do not hesitate to contact me at [Your Phone Number] or via email at [Your Email Address]. Thank you for your attention to this matter, and I await your prompt response. Sincerely, [Your Name]