This letter is being written by me to affect the immediate cancellation of the referred insurance. Make sure you have your new policy all lined up. Sample 1 - Life Insurance Cancellation Letter DATE Name on Policy Address of Policyholder XYZ Insurance Company Address of Company ATT: Cancellations RE: Life Insurance Policy # Please consider this letter as a formal request to cancel the referenced life insurance policy. Even if you don’t have a car at the moment, or you’re not driving for some other reason, you want to stay insured. You can use this life insurance cancellation letter format to write your own letter. However, oftentimes the cancellation provision in an insurance policy only references cancellation by the insurer. [Your letterhead, if desired; if not, your return address] [Date of letter-month, day, and year] [Recipient's first and last names] [Company name] [Street or P.O. The reason for my decision is based on finding a more comprehensive coverage for a lower cost. You don’t want any lapse in coverage when you’re switching car insurance companies. It can be a little trickier, but you can do it! The corporate address you find online may not be the correct one. EINSURANCE is a one stop shop for insurance quotes comparison. Please immediately return any unused premium to me at my address listed below. Please stop all automatic payments or debits from my account as of that date. I am also requesting written confirmation of the cancellation and the timely refund of any unused premiums. How Do I Cancel My Life Insurance Policy? Use our sample life insurance cancellation letters as templates for your cancellation letter. For instance, you may write a service cancellation letter to your internet provider because you’re unhappy with their service. But when you call to cancel, the rep says they need an official insurance cancellation letter. Here is an insurance sample cancellation letter to use as a starting point – remember, be sure to follow any specific requirements in your insurance policy as well. It’s better to have a small overlap than a lapse of even 24 hours. Attn: Cancellations Department[Insurance Company Name][Insurance Company Address]. Please consider this letter as a formal request to cancel the referenced life insurance policy. As of that date, I will be covered by [new insurance company name], policy number [new policy number]. Some insurance companies will accept a phone call or an email as sufficient notice of policy cancellation, but others still want that letter — signed, stamped and mailed. Please be advised that I no longer authorize your company to directly withdraw any future premiums from any of my accounts. Via Certified Mail – Return Receipt Requested, Insurance Company Name and Address (include department or contact name, if known), Insured: [Insert Named Insured’s name here – to be found on the Declaration page of your policy], Policy Number: [Insert Policy Number here – to be found on the Declaration page of your policy], Policy Period: [Insert Policy Number here – to be found on the Declaration page of your policy]. Include any pertinent details in your letter, such as your policy type and account number. © Copyright - EINSURANCE - All rights reserved by E-Insure Services, Inc. Re: Cancellation of [Life Insurance Policy #]: The reason for my decision is based on losing my job and unable to pay premiums. Call your current insurance company. But even if that’s the case, you can breathe a sigh of relief, now that you’ve found a better, cheaper and all-around awesomer policy on Compare.com. You’re trying to cancel your old car insurance because you found a much cheaper policy by comparing quotes on Compare.com. Whether you’re buying your first car insurance policy or finding health insurance for your families, EINSURANCE always provides latest relevant information to your choices. The good news is that cancellation letters don’t have to be typed on a computer. Admiral Group plc. Write that letter! Please stop all debits or charges for premium payments. Re: Cancellation of Policy Number: 675432. Otherwise, only you have the power to cancel your policy. You may also write a gym cancellation letter if you plan to relocate or you just don’t want to go to the gym anymore. This letter is a formal document; it can be written from an organization to another organization, from company to an individual or from an individual to a company. Sample Cancellation of Life Insurance Policy Letter Sample Car Insurance Cancellation Letter. Subject: (**********************) Dear Cillian Murphy, I am a holder of your esteemed Progressive Insurance, the reference ID of which is 84265752, offered by you. To avoid a lapse, make sure you know the date your new policy begins — and have your old policy end on the same date, or the day after. We’ll make it super easy for you. This action needs to occur within a period of 30 days from the receipt of this letter. Why do some insurers require written notice of cancellation? 13+ Sample Cancellation Letters A letter of cancellation is an indication of termination of a deal, project or an undergoing transaction. Step 2. The zip code you entered is invalid: Please enter a valid 5 digit US zip code. Don’t worry! How to Write a Life Insurance Claim Letter (with Sample), Easy Ways to Save on Your Life Insurance Premiums, Writing a Counter Offer Letter for Insurance Settlement, Writing an Insurance Quote Request Letter (with Sample), Writing a Letter for Change of Address [with Sample], Writing a Shift Change Request Letter [with Samples], Writing a Loan Request Letter to Employer [with Sample], Writing a Temporary Guardianship Letter [with Samples], Writing a Letter Requesting Financial Assistance for Education [with Sample], Writing a Request Letter for Training Course [with Sample]. For your use, we provide you with an insurance sample cancellation letter below. ©2020 Compare.com. How To Write A Car Insurance Cancellation Letter, Learn How to Make Money by Delivering with Postmates, The Ultimate Guide to Maximizing Your Income with Lyft, Best Ways to Boost Your Income as a Grubhub Delivery Driver.

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