UK LIC Sending Bond for a Loan

UK LIFE INSURANCE CORPORATION LONDON

Date: 14-2-20........

Ref: Misc10a

Mr. Alan Jones,

15, Cross Street,

London 2112.

Sub: Policy Loan Dear Policy Holder,

1. We are in receipt of your remittance towards the stamp fee on Loan Bond and accordingly a duly stamped Loan Bond is being sent to you for completion by the party or parties concerned as details below:

2. Or, your returning the Loan Bond duly completed by the party or parties concerned and on our furnishing the requirements as stated in item IV of

the schedule, we shall proceed further with the settlement of the loan by sending to you the balance after adjustment of dues by drawing a cheque on the Corporation's Bankers.

3. Full instructions for completion of the Loan Bond are given on the Loan Bond Form.

4. Please read these instructions carefully and comply with the requirements in order to avoid our having to return the Loan Bond as incomplete or improperly completed.

SCHEDULE

Policy No..... ................... Life Assured…….....

I. Loan Bond for £... is sent herewith duly stamped.

II. Stamp fee £.......received.

III. Loan Bond is required to be completed by~

1.

2.

3.

IV. While returning the Loan Bond after completion, please send along therewith:

1) Policy

2) Assignment Deed

3) Declaration Slip re non-existence of any

assignments of the policy than, those registered with the Corporation. (Form enclosed).

4) Authority letter (Form enclosed).

V. When the Loan Bond and other documents are received duly completed, loan will be granted and after adjustment of dues as stated in the

Corporation's later dated........... a cheque for the balance will be sent to you on........... Bank Ltd.

Bank Draft at your cost, please write to us for the same.

Yours faithfully,

Manager

Note: In your reply please quote our Ref. No.