Q.35 year old Shri. Dilipbhai Joshi works on a higher position since last 2 years in a private company. He wishes to protect his family members with insurance facility. Write a letter to LIC of India inquiring about an appropriate policy that he can go for.

Full specimen inquiry letter to LIC of India asking about an appropriate life-insurance policy to protect the writer's family, with a request for details of premium and benefits.

To,

The Branch Manager,

Life Insurance Corporation of India (LIC),

Nehru Road Branch,

Vadodara - 390001.

Date: 15th March, 2022

Subject: Inquiry regarding a suitable life-insurance policy for family protection.

Respected Sir/Madam,

I wish to take a life-insurance policy from LIC of India mainly to provide financial security and protection to my family members. Before selecting a plan, I would like to obtain full information about the policies suitable for my requirement.

My relevant particulars are as follows:

Name: Shri Dilipbhai Joshi

Age: 35 years

Occupation: Working at a higher/managerial position in a private company for the last 2 years

Family: Wife and two children (dependent)

Kindly guide me about an appropriate policy (such as an endowment plan, a money-back plan or a term/whole-life plan) that best suits my age and need for family protection. In particular, I would like to know:

1. The amount of premium payable and the mode of payment (monthly/quarterly/half-yearly/yearly).
2. The sum assured, maturity benefit and death benefit, and the policy term.
3. The riders/additional benefits available (accident, critical illness, etc.).
4. The tax benefits available on the premium. …