Agreement to pay in installments
Editor's note: The following text is taken verbatim from Allstate's
"confidential" employee training manual, "Unrepresented Segment
Training." An "unrepresented segment" refers to a person who does not
have a lawyer but who has been involved in an accident with an Allstate
policyholder.
THIS IS A LEGAL DOCUMENT - READ IT CAREFULLY BEFORE YOU SIGN.
AGREEMENT TO PAY IN INSTALLMENTS
Agreement between Allstate and (name) ("you" or "your").
You were involved in an accident with a person insured under an Allstate automobile insurance
policy. Allstate, through the policy purchased by its policyholder,
will pay for the damages incurred by our policyholder. However, both
Allstate and our policyholder have certain rights which enable Allstate
and the policyholder to pursue recovery of payments by Allstate from
the person ultimately responsible for the damages. Allstate believes
that you are responsible for the payment of these damages.
Allstate has paid $____________ (including a deductible of $__________)
to repair the insured person's vehicle, and Allstate expects to pay
$____________ to compensate the insured person for his or her medical
expense, lost wages and pain and suffering.
Allstate and you hereby agree to settle issues relating to recovery of
amounts that have been paid or will be paid by Allstate to the insured
person, as follows:
1. You hereby unconditionally promise to pay to Allstate, at its
address at _____________________________________________, the total sum
of $___________ by making monthly payments of $__________, commencing
on _____________, 19___, with each payment due by __________________,
until the entire amount due is paid in full.
2. If Allstate pays the insured person less than the total sum
set forth in Paragraph 1 in settlement of the insured person's claim,
your debt shall be reduced accordingly.
3. Allstate may demand immediate payment of the entire
outstanding balance if any payment is received by Allstate after the
payment due date, or is never received. You agree to pay all cost
incurred by Allstate to collect and enforce this Agreement (whether or
not suit is brought), including attorneys' fees.
4. You understand and acknowledge that this Agreement is solely
between you and Allstate, and does not affect any rights which a policy
holder or insured person may have.
By: ______________________________________
Date: ______________________________
Allstate Insurance Company
Allstate Indemnity Company
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