Letter for Explanation of Insurance Rate Increase

Dear Sir,

We are in receipt of a instruction from (name of organization) regarding these captioned regulation. This new regulation went into effect on (date) and requires that complications of pregnancy be covered in a similar as any other personal injury or disease.

“Complications” pertains to anything other than an average delivery. This is pertinent to any employee, reliant spouse or dependent child.

Because of the potential increase in claims, it has become required to increase our quoted rates to stick to this regulation. The new employee rate will be (money in amount…) and the new spouse rates will be (money in amount…); the new spouse and children rate will be (money in amount…) and the new born children only rate will be (money in amount).

If you have any query regarding these rate increases a result of the change in regulations, please contact with us in your flexible time.