Letter of Policy Cancellation: 4 Templates and Emails

Letter Template: 1

Letter of Policy Cancellation

[Mention the name of the sender]

[Mention the address]

[Mention the contact details]

[Mention the date]

To

The

[Mention the name of the recipient]

[Mention the address of the recipient]

[Mention the contact details of the recipient]

Subject- Letter of policy cancellation

Insurance Company Name) cancellation department

(Insurance Company Address)

[Mention the Company name] [Mention the name of city],[Mention the state],[Mention the zip code number]

Re: Policy Number- [Mention the police no] cancellation.

Dear Cancellation Department,

Please accept my heartfelt condolences to the [Mention the cancellation department.

I would say that my name is [Mention the name] and that I live in [Mention the address] and [Mention the nearest location]. I have an insurance policy with your firm.

Respectfully, I would like to bring to your attention that my policy number is [Mention the police number], and I respectfully request that you terminate my policy due to [Mention the reason of financial problem/requirement of funds/any other]. Please deposit the policy balance into the bank account associated with the policy.

I anticipate hearing from you as soon as possible. For your kind assistance, I will be quite grateful.

I’m writing you this letter to request the cancellation of my insurance coverage, which will take effect immediately [date you plan to cancel]. I’d appreciate it if you could send me written confirmation of the cancellation within the next [Mention the no] days. Please return the unused amount of my policy premium and stop deducting monthly premium payments from my [Mention the bank account no].

Thank you for taking action so quickly on this.

Sincerely,

Thank you very much,

From

[Mention the name of the sender]

[Mention the address]

[Handwriting signature]

[Mention the contact details]

[Mention here, if there is any post note to be given]

Letter Template: 2

Letter of Policy Cancellation

[Mention the name of the sender]

[Mention the address]

[Mention the contact details]

[Mention the date]

To

The

[Mention the name of the recipient]

[Mention the address of the recipient]

[Mention the contact details of the recipient]

Subject- Letter of policy cancellation

Insurance Company Name) Cancellation Department

(Insurance Company Address)

I’m writing to let you know that I’d like to cancel the life insurance coverage I purchased from your firm. [Explain your genuine issues and situations]. The reason for this is because I am no longer able to pay for it because my business has failed, and it is now difficult to do so.

As a result, please cancel it. I will be extremely grateful to you.

Please consider this letter as an official request to cancel my [Mention the policy number] life insurance policy with immediate effect. I’d like you to halt any charges and debits associated with payments. [explain your genuine issues and situations]. I have receipts for all premiums paid during the policy’s duration.

Sir, This letter serves as written notification of my intention to cancel my insurance policy. I regret to notify you that the adjustment in your policy plan did not meet my expectations, and as a result, I will not be continuing it. [explain your genuine issues and situations]. Please accept this letter and repay the portion of my insurance premium that was not used. [Explain your total specifications]. I also suggest you make monthly premium deductions from my bank account with this letter. Thank you for your assistance.

Request that the premium I paid earlier be canceled and returned right now. Within [Mention the name of the day] of receiving this letter, this cancellation request should be completed. [Explain your total specifications].

I’d like you to give me a letter confirming the policy’s cancellation. Please regard this as a priority and respond as soon as possible.

Thank you for taking action so quickly on this.

Sincerely,

Thank you very much,

From

[Mention the name of the sender]

[Mention the address]

[Handwriting signature]

[Mention the contact details]

[Mention here, if there is any post note to be given]

Letter Template: 3

Letter of Policy Cancellation

[Mention the name of the sender]

[Mention the address]

[Mention the contact details]

[Mention the date]

To

The

[Mention the name of the recipient]

[Mention the address of the recipient]

[Mention the contact details of the recipient]

Subject- Letter of policy cancellation

Insurance Company Name) Cancellation Department

(Insurance Company Address)

Please accept this letter as my formal petition for the above-mentioned policy to be canceled. This cancellation will take effect on [Mention the date] [Mention the name of month] [Mention the year] Please return any unused premiums to me at the address mentioned below as soon as possible. Please be notified, and I no longer authorize your firm to take any future premium payments directly on any of my accounts. [Mention your genuine issues and situations].

Within [Mention the number] days, I would like written confirmation of this cancellation. If you have any questions, please do not hesitate to contact me. I eagerly anticipate your swift response to this problem.

I’m writing to let you know that I’d like to cancel the health insurance policy I purchased from your firm. [Mention your actual cause and circumstance here] The reason for this is that the reports on which I purchased the coverage turned out to be incorrect. My medical tests were repeated, and they came back negative for the condition in question. [Mention the explain your difficulties]

So, I’d like you to cancel the insurance coverage that you have in my name. I will be extremely grateful to you.

Within [Mention the number] days of the cancellation taking effect, please provide me a written confirmation letter. Please reimburse any percentage of my premium that has not been utilized.

I eagerly await your response.

Sincerely,

Thank you very much,

From

[Mention the name of the sender]

[Mention the address]

[Handwriting signature]

[Mention the contact details]

[Mention here, if there is any post note to be given]

Letter Template: 4

Letter of Policy Cancellation

[Mention the name of the sender]

[Mention the address]

[Mention the contact details]

[Mention the date]

To

The

[Mention the name of the recipient]

[Mention the address of the recipient]

[Mention the contact details of the recipient]

Subject- Letter of policy cancellation

[Insurance Company Name] Cancellation Department

[Insurance Company Address]

Please accept this letter as a formal request to discontinue the health insurance coverage mentioned. Please halt all premium payment debits or charges. The revocation of the insurance will take effect on [Mention the date],[Mention the month], and [Mention the year].

I’m sorry to notify you that I, [Mention the name] [Mention the no], have opted to cancel my health insurance coverage immediately. My decision was based on the desire to obtain more extensive coverage at a reduced cost.

As a result, please send me formal confirmation of the cancellation of my health policy as soon as possible. I also ask that you refund the premium to which I am entitled. I eagerly await your response.

Please send me a written confirmation of the cancellation as soon as possible for my records.

Please accept this letter as my formal petition for the above-mentioned policy to be canceled. This cancellation will take effect on

Please return any unused premiums to me at the address mentioned below as soon as possible. Please be notified that I no longer authorize your firm to take any future premium payments directly from any of my accounts.

Within [Mention the no of the day], I would prefer formal confirmation of this cancellation. If you have any questions, please do not hesitate to contact me. I eagerly anticipate your swift response to discuss this with me without any hesitation.

Sincerely,

Mention the name of the sender]

[Mention the address]

[Handwriting signature]

[Mention the contact details]

[Mention here, if there is any post note to be given]

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