Dear Sir/Madam,
I am currently facing some financial difficulties due to some unforeseen circumstances and I am unable to pay the premium amount on time. However, I am committed to continuing my policy and making regular payments towards it.
I would like to request your kind assistance in this matter. I am requesting an extension of the payment deadline for a few weeks/months, as it would give me enough time to arrange the funds required to pay the premium amount. I assure you that I will make the payment as soon as I am able to.
I am grateful for your help and support in this matter.
Thank you for your time and consideration.
Yours sincerely,
[Your Name]