Learn how to write a life insurance cancellation letter. Use our sample life insurance cancellation letters as a template for your cancellation letter.
Template 1: Simple Life Insurance Cancellation Letter
[Your Name]
[Your Address]
[City, State ZIP Code]
[Date]
[Insurance Company Name]
[Address]
[City, State ZIP Code]
Dear Sir/Madam,
I am writing to inform you that I would like to cancel my life insurance policy [policy number] with immediate effect. I have reviewed my current financial situation and have decided that I no longer require this insurance policy.
Please confirm in writing that my policy has been canceled and that no further payments will be debited from my bank account.
I would appreciate it if you could send me a confirmation letter indicating that my policy has been canceled, and that any refund of the unused premium will be paid to me as soon as possible.
Thank you for your assistance in this matter.
Sincerely, [Your Name]
Template 2: Detailed Life Insurance Cancellation Letter
[Your Name]
[Your Address]
[City, State ZIP Code]
[Date]
[Insurance Company Name]
[Address]
[City, State ZIP Code]
Dear Sir/Madam,
I am writing to inform you that I would like to cancel my life insurance policy [policy number]. Please consider this letter as my formal notice of cancellation.
I would like my policy to be canceled with immediate effect. The reason for the cancellation is [give a brief reason, for example, change in financial circumstances, or the policy no longer meets your needs].
I request that you confirm in writing that my policy has been canceled and that no further payments will be debited from my bank account. I also request that you send me a refund for any unused premium that may be due to me. Please send me the refund to the address mentioned above.
I would appreciate it if you could process my request as soon as possible, and provide me with the necessary confirmation and refund. Please let me know if there are any additional steps that I need to take to ensure a smooth cancellation process.
Thank you for your assistance in this matter.
Sincerely,
[Your Name]
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