[Your Name] [Your Address] [City, State, ZIP Code] [Date] [Life Insurance Company Name] [Address] [City, State, ZIP Code] Subject: Pending Cancellation of Life Insurance Policy — Request for Reconsideration Dear [Life Insurance Company Name], I hope this letter finds you well. I am writing to discuss the pending cancellation of my life insurance policy, policy number [Policy Number], which is active with your esteemed company. As a resident of the beautiful state of New Hampshire, I believe it is essential to safeguard my family's financial security by maintaining this valuable policy. Firstly, I would like to express my sincere gratitude for the coverage and benefits your company has provided over the years. The policy has played a crucial role in ensuring my family's financial stability in case of unforeseen circumstances. However, I recently received a notice indicating that my policy is scheduled for cancellation due to non-payment. This alarming development has prompted me to address the situation urgently. Although unforeseen financial difficulties have temporarily hindered my ability to make the premium payments, I am fully committed to resolving this matter promptly. Considering my long-standing relationship with your company and the trust I have placed in your services, I kindly request you to reconsider the cancellation of my life insurance policy. I assure you that the outstanding premium amount will be settled immediately upon receiving this letter. As an accountable policyholder, I understand the importance of meeting my financial obligations and adhering to the terms and conditions of the policy. Therefore, I kindly request your understanding and leniency in this matter. I would greatly appreciate if you could provide me with the necessary information and instructions to reinstate my life insurance policy. Additionally, if there are any reinstatement fees or late payment charges associated with this process, please inform me of the exact amount so that I can arrange for the payment accordingly. Please note that I am aware of the grace period provided for payment and understand that it may have already expired. However, I kindly request your reconsideration in light of the extenuating circumstances of my temporary financial difficulties. Thank you for your attention to this matter. I have always valued the insurance services your company provides, and I genuinely believe that reinstating my life insurance policy would be in both our best interests. I look forward to receiving your favorable response at your earliest convenience. If you require any additional information or documentation, please do not hesitate to contact me at [Your Phone Number] or via email at [Your Email Address]. I am available and responsive to your inquiries and will promptly provide any necessary details. Thank you for your understanding and cooperation. Sincerely, [Your Name]
New Hampshire Sample Letter for Pending Cancellation of Life Insurance Policy
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How to fill out Sample Letter For Pending Cancellation Of Life Insurance Policy?
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FAQ
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.
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.
Make sure you include the date, the company's name and contact information, and your account number if relevant. Be polite but firm when you tell the company to cancel your account. Remember that there is a typical 30-day notice period before a cancellation is put into effect.
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.
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.
To cancel the policy offline, one can do it through their advisor or visit the nearest insurance company branch. A cancellation request will need to be submitted in written format.
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.
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).
