Sample Proposal Letter Template And Specifications printable pdf download

Sample: Proposal Letter and Specifications

September 29, 2

0xx

Mr. John Consultant

XYZ Co poratio

123 Mai Street

Anywhe e, IL 99999

RE: Ret ement Plan for the Employees of XYZ Corporation

Non Participating Single Premium Group Annuity Quotation

Dear Mr

. Consultant:

In respo se to your recent request for a proposal, we will be providing a preliminary non-participating single

premium quotation for your client by 9:00 a.m. PST on Thursday, September 25, 20xx and a final quotation on

Tuesday

, S

eptember 30, 20xx.

Our gross single premium quotation will be based on the specifications and plan provisions outlined in the

attachm ts.

If our bi is accepted, any changes to the premium due to revisions in annuitant data or changes in plan

provisio s initiated by the client will be based on the same assumptions used in the original pricing, with the

exceptio of the underlying market interest rate. The rate used in determining the net difference in premium

will be a impartially determined rate equal to the original pricing interest rate, adjusted by the change in the

yield to maturity of the 10-year U.S. Treasury Bond from the date of purchase to the date on which revised

calculations are completed. In summary, the original interest rate is guaranteed only for the original premium

agreed t and any additional premium subsequent to the sale will be subject to the current market rate.

If the to l premium is not paid in one single deposit, the unpaid balance will be charged with interest at the

pricing r te (the pricing rate will be treated as an annual effective rate of interest, and the interest calculation

will refl t the actual number of days in the calendar year, i.e., an actual-over-actual method), and must be

paid wit in 31 days of the date of bid acceptance. If your client would like to make other arrangements for

premium payment, please call us to discuss their situation.

Financia information on Pacific Life may be found on our website We will provide

any othe information necessary upon request.

Sincerel ,

(Name)

Business Development Analyst

Retirement Annuities

Pacific Life Insurance Company

700 Newport Center Drive, Newport Beach, California 92660-6397

Sample Proposal Letter Template And Specifications