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Document Description
The document titled 'Accept the rate of Open Cover/Underwriting Insurance' is an important document that serves as a formal acceptance of the rate offered by the insurance company for an open policy of value covering consignments on specific routes. The document begins with the account holder's personal information, including their first name, last name, job title, and company. It also includes the current date.
The purpose of this document is to formally accept the rate quoted by the insurance company and request them to prepare and send the policy as soon as possible. The document emphasizes the importance of receiving the cover note and statement of charges for the first shipment under the policy.
The content of the document is concise and to the point. It starts with a polite greeting and expresses gratitude for the rate offered. The account holder then requests the insurance company to prepare and send the policy promptly. Additionally, they ask for the cover note and statement of charges for the first shipment. The document concludes with a polite closing and the account holder's signature.
In summary, this document is crucial for accepting the rate of open cover/underwriting insurance and initiating the process of obtaining the policy. It clearly communicates the account holder's expectations and emphasizes the need for timely action from the insurance company.
How to use this document?
To effectively use the 'Accept the rate of Open Cover/Underwriting Insurance' document, follow the steps below:
1. Fill in the account holder's personal information: Enter the account holder's first name, last name, job title, and company in the respective fields.
2. Specify the current date: Enter the current date in the designated field.
3. Express gratitude and acceptance: Begin the document with a polite greeting and thank the insurance company for the quoted rate. Clearly state that the rate is satisfactory.
4. Request policy preparation: Politely ask the insurance company to prepare and send the policy as soon as possible.
5. Request cover note and statement of charges: Emphasize the need for the cover note and statement of charges for the first shipment under the policy. Clearly state that these documents are required.
6. Conclude with a polite closing: End the document with a polite closing, such as 'Yours faithfully,' followed by the account holder's first name.
By following these steps, you can effectively use the 'Accept the rate of Open Cover/Underwriting Insurance' document and ensure clear communication with the insurance company.
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