[Your Name] [Your Address] [City, State, ZIP Code] [Date] [Insurance Company Name] [Insurance Company Address] [City, State, ZIP Code] Subject: Notice of Cancellation — Insurance Policy [Policy Number] Dear Sir/Madam, I am writing this letter to formally request the cancellation of my insurance policy with your esteemed company. Please consider this letter as a formal notice of cancellation for my policy [Policy Number] effective [desired cancellation date]. I regret to inform you that due to unforeseen financial circumstances, I am no longer able to continue with the insurance coverage provided by your company. After careful consideration and evaluation of my financial obligations, I have determined that it is necessary to terminate this policy in order to alleviate the financial burden it presents. I kindly request your immediate attention to this matter, and I hereby request the following actions to be taken: 1. Confirmation of Cancellation: I kindly request that you promptly provide me with written confirmation of the cancellation of my policy effective from the desired cancellation date. 2. Refund of Premium: As per the terms and conditions of the policy, I understand that I might be eligible for a refund of the remaining premium. I kindly ask for a detailed explanation of any potential refund amount, along with the method and timeframe for the refund to be processed. I appreciate the service I have received from your company during the coverage period and apologize for any inconvenience caused due to this cancellation. Furthermore, I assure you that my decision is solely based on my current financial circumstances and is in no way a reflection of any dissatisfaction with your services. Therefore, I kindly request that you process this cancellation request promptly, ensuring that no further premium deductions are made from my account after the cancellation date mentioned above. I understand that any outstanding claims or policy obligations will be handled according to the terms and conditions of the policy. Kindly provide me with any necessary instructions or documentation required to settle any outstanding matters in an efficient and timely manner. If there are any cancellation fees or penalties applicable, I request a detailed breakdown of these charges and the method of payment required, if applicable. Please acknowledge receipt of this cancellation request and provide me with the necessary information and documentation pertaining to the cancellation process at your earliest convenience. I would appreciate your prompt attention to this matter. Should you have any questions or require any further information, please do not hesitate to contact me at [Your Phone Number] or [Your Email Address]. Thank you for your understanding and cooperation in this matter. Yours sincerely, [Your Name]