Life Insurance Corporation (LIC) is the leading insurance company in the country. When one looks to insure the life of family member, it the first name that comes to mind. Loan against an insurance policy is an attractive option offer by the company for the benefit of the public. This is a simple letter of request to Life Insurance Corporation (LIC) inquiring about loan against an insurance policy. The article addresses the question of properly presenting the request to the concerned person. The sample letter may be modified according to need and situation.
To
The Manager
LIC
LIC Address
Sub: Inquiry about loan against insurance policy
Dear Sir/Madam,
With reference to policy number [Policy No.] against my name, I would like to inform you that I hold an insurance policy of rupees five lakh in LIC which was opened on [Date]. I have already paid 15 installments of twenty thousand each amounting to three lakh rupees. The last premium was paid in the month of October.
I am in need of some fund to complete the higher education of my daughter. So, I would like to know the maximum loan amount that is available to me against my policy. I would be grateful if you provide the necessary information as well as other formalities to get the loan approved. In case, any other clarification is required, I can be contacted at [mobile number] or by email [email address].
This is for your kind information and necessary action.
Yours faithfully,
Your Name
Your address
Date:
Place:
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Sample letter of application to the LIC Branch Manager for insurance claim
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