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At present, I am badly short of funds due to (Give explanations why have you defaulted on payments, job loss, illness, etc) and cannot afford the amount you have proposed. So, I would like to propose a counter offer. I would like to offer an amount of $ to settle the outstanding debt amount of $ with you.
This negotiation process involves discussing the details of the claim, presenting any supporting evidence, and advocating for a higher settlement amount if necessary. It's important to approach this negotiation with a clear understanding of your rights and the value of your claim.
7 Tips for Writing a Demand Letter To the Insurance Company Organize your expenses. ... Establish the facts. ... Share your perspective. ... Detail your road to recovery. ... Acknowledge and emphasize your pain and suffering. ... Request a reasonable settlement amount. ... Review your letter and send it!
Sample of a Cash Settlement Letter. Dear (name of adjuster), Pursuant to the telephone conversation we had on (date), please allow this letter to confirm we have agreed to settle my claim that is referenced above. The claim is settled in full for the amount of (your agreed settlement amount).
What A Settlement Letter Should Include Key facts about the incident: date, time, location, parties involved, etc. Injuries sustained. Medical treatment received. Cost of medical treatment and supplies. Other expenses. Non-economic damages you suffered (pain and suffering, emotional distress, loss of companionship, etc.)
Dear [Supervisor Name]: I am respectfully presenting this letter as written notice that I was involved in a work-related accident on [date of incident] at approximately [time of incident]. [I was injured / I became ill] when [give clear details involving the accident, including what led up to it].