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States typically require insurance companies to provide a 30-day notice of cancellation to the policyholder before the cancellation date.
Cancellation date : Provide a specific date for the changes to take effect. Reasons : Provide a reason for your cancellation. Stop payment or refund request : Request the insurer stop automatic payments immediately if you pay monthly. If you paid in advance, request a refund for the remaining balance.
Sample Insurance Cancellation Letter. I'm writing to seek termination of my insurance policy, which will take effect on [enter cancellation date]. I'd appreciate it if you could provide me formal confirmation of the cancellation within the next 30 days.
In the insurance world, a notice of cancellation provision obligates insurers to provide advance written notice to the Certificate Holder if an insurance policy is cancelled or not renewed. The most common required cancellation notice period is 30 days, though, in some cases, up to 60 days may be required.
Sample Insurance Cancellation Letter. I'm writing to seek termination of my insurance policy, which will take effect on [enter cancellation date]. I'd appreciate it if you could provide me formal confirmation of the cancellation within the next 30 days.
In most states, an insurance company must give a policyholder written notice of cancellation at least 30 days before canceling the policy.
Contact your insurer or agent to find the best way to cancel your policy. Some insurance companies permit you to cancel right over the phone or online. Other insurers may require written notification or a signed document.
Typically, a simple phone call suffices to end your policy or prevent its automatic renewal. Some insurers might charge a cancellation fee and ask for a cancellation form or letter.