Dear James,
We are pleased to confirm the premium as shown on policy and amount to be paid as follow:
Premium shown on policy
Net Premium: 277,335.00 USD
Duty Fee: 1,109.34 USD
Total Premium: 278,444.34 USD
Amount to be paid from Jardine
Fronting Fee(R/I Rebate) 15,253.43 USD
Retention 13,866.75 USD
Duty Fee 1,109.34 USD
Total amount = 30,229.52 USD
As we have an internal process required to set Jardine as our Agent of A&H BU and it may delay the policy issuing process, so we put “no agent/broker” in the policy instead. Hope you can accept this.
Please kindly prepare the cheque amounting 30,229.52 USD and advise the date and time for delivering the policy and collecting the premium at the same time.
Dear James,We are pleased to confirm the premium as shown on policy and amount to be paid as follow:Premium shown on policyNet Premium: 277,335.00 USDDuty Fee: 1,109.34 USDTotal Premium: 278,444.34 USDAmount to be paid from JardineFronting Fee(R/I Rebate) 15,253.43 USDRetention 13,866.75 USDDuty Fee 1,109.34 USDTotal amount = 30,229.52 USDAs we have an internal process required to set Jardine as our Agent of A&H BU and it may delay the policy issuing process, so we put “no agent/broker” in the policy instead. Hope you can accept this.Please kindly prepare the cheque amounting 30,229.52 USD and advise the date and time for delivering the policy and collecting the premium at the same time.
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