A Life Insurance Policy Cancellation Letter is a formal document prepared by an individual with an insurance policy and sent to their insurance provider to inform the latter about their decision to terminate the coverage that enters into force upon the death of the policyholder in the form of the death benefit paid to the named beneficiary. Whether you are relocating, have decided that you do not need insurance coverage anymore, or found an insurance provider with better rates, you should cancel your insurance policy by sending a statement to the insurance company.
A Sample Letter of Cancellation of Life Insurance Policy is available for download below. If you decide to customize this document to your liking, note that a letter of this kind should contain the following information:
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