Write a letter to the LIC Branch Manager for change of mode of payment of premium

 

It can sometimes become inconvenient for some people to continue their periodic premium due to financial constraints. As a result, they may want to change their mode of payment of premium according to their convenience. The insurance companies also understand this difficulty and are generally quite happy to accommodate the policyholder’s needs. This is a sample letter to the LIC Branch Manager for change of mode of payment of premium. The letter can be modified according to one’s need and preference.

 

To                                                                                                        Date:

The Branch Manager

LIC Branch Name

LIC Address

 

Dear Sir/ Madam,

Reference: Policy No

                        With reference to the above mentioned policy number, I would like to inform you that I have been a loyal customer of your esteemed company for the last six years. I am pleased to inform you that I am quite satisfied with the functioning of the company.

                         I write this letter to request you to kindly change the mode of payment of premium in the above mentioned policy from half yearly to yearly.

                         I would be highly obliged if you look into the matter on priority basis.

                                                Thanking you,           

                                                                                                Yours Faithfully,

 

                                                                                                Your Name

                                                                                                Your Address

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