Final Audit Invoice For Policy ○○○○○ And Additional Premium Over Estimated Revenues
Based on our telephone conversation regarding asking to pay additional insurance premium from ○○, we suggest you simply reply for the captioned account.
Our reference from your email:
Subject: RE: Final Audit Invoice for Policy ○○○○
Your net sales of $○○ NT converts into $○○ US. If this number represents your sales in the U.S., then the audit is correct. If this number represents something other than U.S. sales, please let me know.
Your premium of $○○ US was based on estimated revenues. At the end of the policy term, we compare estimated revenues ($○○ US) with actual revenues ($○○ US). You are responsible for any additional premium over your estimated revenues.
Please let me know if you have any additional information or questions that might affect your audit. I will be happy adjust the audit if needed.
Our suggestion for your response:
In the past seven years, our policies insured and managed under ○○ and your company. ○○ was authorized to secure our policies under contract as program manager for you company before June of 2012. So in fact they are your agent during that period and their opinion about insurance policies were always tantamount to your company.
We never received any final audit endorsement report to ask any additional premium from○○ over the past 7 years. By the rule of Estoppel under civil principle, we are not responsible for any additional premium. You should ask ○○ for further concerned questions. Thank you!