Writing a cancellation letter can easily be done by following these steps.
- Write down your name, address and contact detail. Include the detail of the contact person and the company’s name below.
- Do not forget to write the current date. This needs to be placed in the upper left corner of the document.
- A subject line below the date follows.
- Start writing the opening paragraph by requesting the cancellation of the insurance policy. Mention the date when the policy is to be effectively canceled.
- Do not forget to add a sentence clearly stating that all charges or debits for payment be stopped regarding the insurance policy.
- In the next paragraph request them to send any payments that are due before the monthly premium due date. Add one more sentence requesting to refund any premium that was overpaid.
- Request the amount be paid by check when sending any premium refunds.
- Make two copies of the cancellation letter. Put your sign on one copy and send it to the insurance company. The second letter is for your personal records.
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