[Your Name] [Your Address] [City, State, ZIP] [Email Address] [Phone Number] [Date] [Insurance Company Name] [Address] [City, State, ZIP] Subject: Pending Cancellation of Life Insurance Policy — Request for Review Dear [Insurance Company Name], I am writing to express my concern regarding the pending cancellation of my life insurance policy, which I currently hold with your esteemed company. My policy details are as follows: Policyholder Name: [Your Name] Policy Number: [Policy Number] Policy Type: [Term/Whole Life/Universal Life, etc.] Date of Policy Inception: [Inception Date] Coverage Amount: [Coverage Amount] I was recently informed about the potential cancellation of my policy due to non-payment of premiums. However, I would like to clarify that I have been a loyal and diligent policyholder for several years. Unfortunately, due to an unforeseen financial hardship, I experienced a temporary inability to make timely payments. I deeply value the protection and security provided by my life insurance policy, and I am committed to rectifying the situation promptly. Considering my long-standing history with your company and my genuine intent to maintain my coverage, I kindly request that you reconsider the pending cancellation and work with me to find a suitable solution. I understand that the policy may currently be in a state of grace period, but I assure you that I am now in a position to catch up on any missed payments. I kindly request that you provide me with the exact amount due to reinstate my policy, including any outstanding premiums, applicable fees, and any relevant interest charges. If necessary, please provide me with a payment plan option that would allow me to clear the arrears in a timely manner. I genuinely appreciate the value and benefits my life insurance policy provides to my loved ones and me. Losing this coverage would cause significant financial hardship and emotional distress. Therefore, I urge you to reconsider the pending policy cancellation and grant me the opportunity to rectify the situation swiftly. I kindly request a prompt response within [mention a reasonable time frame, e.g., 7 days] to ensure adequate time to make any necessary arrangements and payments. Should you require any additional information or documentation to process my request, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address]. Thank you for your prompt attention to this matter. I trust in your commitment to customer satisfaction and hope for a positive resolution. Sincerely, [Your Name]
Arkansas Sample Letter for Pending Cancellation of Life Insurance Policy
Description
How to fill out Sample Letter For Pending Cancellation Of Life Insurance Policy?
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FAQ
I hold an insurance policy in your company. Respectfully, I would like to bring into your kind concern that my policy number is (Policy Number) and due to (Reason Financial problem/ Requirement of funds/any other), I request you to kindly cancel my policy.
Dear Sir, Please accept this letter as a formal request for canceling my life insurance policy, (Policy number), with immediate effect. I request you to stop all charges and debits as well related to the payments. (Describe your actual problems and situations).
Canceling your term policy couldn't be easier: just stop paying your premium and write a letter or call your insurer to let them know you are canceling the policy. Check the website of your insurer, too there may be a form there you can fill out to terminate your policy.
I hold an insurance policy in your company. Respectfully, I would like to bring into your kind concern that my policy number is (Policy Number) and due to (Reason Financial problem/ Requirement of funds/any other), I request you to kindly cancel my policy.
Dear Sir or Madam, Please allow this letter to constitute my formal demand for cancellation of the above-captioned policy. This cancellation will be effective as of date. Please immediately return any unused premium to me at my address listed below.
Cancellation Letter is a letter which communicates cancelling of certain arrangements which can be a Contract or a Party. A Letter for cancellation is mostly used as a business correspondence. Occasions like an event, meeting, wedding or any other social occasion also require a cancel letter.
Re: Policy Number:# Cancellation. Dear Cancellation Department, I am sending you this written notice to request cancellation of my insurance policy effective (date you plan to cancel). I would appreciate you sending me written confirmation within 30 days that the cancellation has been put into effect.
Format of Cancellation LetterPlease accept this request to cancel my current application (mention the course's cancellation or training). I am making this request because of 202620262026.. (REASON FOR REQUEST). I kindly request that the application should be cancelled.
