Canceling Your Insurance Policy
You got the right to cancel your policy at any time during
the policy. However, it should be written, because its insurance policy,
literally, a contract. For this reason, to terminate the insurance contract you
must send a letter with written notice of cancellation. This applies
particularly to the car, home and life insurance.
Placing your request for cancellation of the letter also
protect its interests. In this way, you have a copy of the cancellation of the
request, including details such as date of cancellation. It also provides
evidence that will give notice of cancellation, if an agent or employee of an
insurance company dropped the ball. You can follow your written request by
calling the customer service department of your insurance company. Here is a
sample letter of cancellation of insurance that can be used as a template to
cancel the policy.
Insurance Sample Cancellation Letter Template
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Date
FirstName Lastname or Cancellation Department
Name of Insurance Company
Company's Mailing Address or PO Box
Company's City, State, Zip Code
Re: Policy Number: #______________________Cancellation
I am sending you this written notice to request cancellation of my insurance policy effective [insert cancellation date]. I would appreciate you sending me written confirmation within 30 days that the cancellation has been put into effect. Please refund the unused portion of my policy premium, and cease charging my bank account for payment of monthly premiums.
Thank you for your prompt attention to this matter.
Sincerely,
[Your Signature]
Your FirstName Lastname
Your Mailing Address or PO Box
Your City, State, Zip Code
__________________________________________________________________________________
Tips on Writing a Letter of Cancellation
- Before taking the concept of the cancellation letter, contact your insurance company to verify the address to send the message. Ask if there is a balance due or refund due to policies based on the date of cancellation..
- Starting a letter of cancellation to the date, the address information of your insurance policy number and your account.
- Be polite but firm, to notify your insurance company of its decision to cancel your policy.
- Show that you expect the insurance company will send you a written confirmation that the cancellation effect.
- Call a refund of any premium not paid. If the balance due on your account, enclose a check in your letter, and include the payment amount in the letter.
- Your state insurance not authorized to charge a bank or credit card for monthly premium due date.
- After typing in your letter of cancellation, no spell check and proof read the letter before printing. To sign the letter by hand. Make a copy for your records.
- Charter cancellation letter to the insurance company by certified mail, return receipt requested..
A Few Things to Keep in Mind
- people who actually have a policy be canceled. As such, it must make a written request policy. In addition, a letter of cancellation must be addressed, and signed by the policyholder. For example, if you and your brother are insured by the same rules, but the policy in his name, and only then can cancel the policy.
- Read your policy needs to determine the details of your right of cancellation. Usually, you have until 14 days after the effective date of the policy to cancel the coverage without charge.
