Insurance Cancellation Letter

An insurance cancellation letter is a formal written notice that a policyholder sends to an insurance company to inform about the termination of the insurance. This template serves a dual purpose. First, it acts as legal proof of cancellation in case of a dispute between the parties. Second, the document provides a professional letter template to officially communicate the termination of the insurance policy.

Neither federal nor state laws define an insurance policy cancellation letter format. However, a well-written template should include the essential information below:

• sender’s identification details (e.g., name, address, insurance policy number, email address);
• date of insurance policy;
• requested date of termination;
• reasons for termination;
• sender’s date and signature.

Parties involved in the insurance cancellation letter are the sender and the recipient. The sender is an individual who is a policyholder. This letter could also be sent by a policyholder’s representative attorney acting by virtue of power of attorney. The recipient of this letter is the insurance company itself or its branch that issued the policy.

Before starting to write the letter, consider important practical tips listed below:

• Tip No. 1. Some insurance companies may establish their own letter format to cancel insurance. Therefore, we recommend checking if there are any internal company policies in place. To do so, it is better to access the insurer’s official website or social media channels.
• Tip No.2. It is common in practice that some insurance companies may not provide a partial or full refund in case of earlier cancellation of insurance. Therefore, it is always better to check the insurer’s internal refund policies first.
• Tip No. 3. Provide enough identification information about the policyholder, as it directly affects the speed for processing your request. Include your full name, address, and policyholder number.
• Tip No. 4. Despite the chosen letter format to cancel insurance, always date and sign it. This, however, is not required when sending this letter via email.

To get a fully customized letter template, follow a few easy steps below:

1. Click the “Create Document” button.
2. Answer simple questions in the form.
3. Select the format—cancellation letter format in Word or PDF.
4. Make a payment.
5. E-sign, download, and instantly use your customized template.