Life Insurance Policy Cancellation Letter Format

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Life insurance policy cancellation letter format. Download a free cancellation of insurance policy letter or preview more cancellation letters. Please allow this letter to constitute my formal demand for cancellation of the above life insurance policy. I am writing to notify you that i want to cancel my automobile insurance policy with your company. The reason could be anything for the cancellation of your insurance but you need to know the proper format of writing a letter asking for the cancellation of the policy.

Box address city state zip code dear recipient s name. Sample letter to cancel insurance policy. On february 5 th 2005 i had opened a life insurance policy with your branch my lic policy number is 123456 and till present date all the premium stands clear for this policy. Insurance policies keep you safe in case of any untoward incident.

To the insurance doctor wembley central. My policy number is xt8989889. Below are some samples of the letter for canceling the insurance that you can download in pdf and doc. This cancellation letter format is presented by a policy holder requesting the insurance company to cancel his life insurance policy and return the premium payments.

Please consider this letter as a formal request to cancel the referenced life insurance policy. The effective date of cancelling the policy is 08 03 19. Please stop all debits or charges for premium payments. The effective date of policy cancellation is 05 01 2019.

Therefore please stop debiting all the charges for the same and return all the unused premium to the address mentioned above. Please make this cancellation effective as of date. Date of letter month day and year recipient s first and last names company name street or p o. Dear sir please accept this letter as a formal request for cancelling my life insurance policy 108978 with immediate effect.

It provides three different letter formats. Due to some financial issues at my personal end i am compelled to surrender this policy because i will not be able to manage this policy and moreover i will have handsome amount of money which i will be able to use. It is a kind of legal policy between an insurer and the insured wherein the insurer has to pay an amount to the insured when the insured claims for it.