Copy Rights 2009 @ Avery Lin
If you want to cancel your insurance,you need to deal with the case very carefully,just the attitude you did when you buying your insurance.So,you need to follow us and keep all the tips in your mind if you really need to cancel your insurance.
You may want to end you insurance before the expire date of your insurance.But you may remember that you were write the agreement when you want to buy your insurance,now you just need to write an insurance cancellation letter.Before you hand on your cancellation letter,you need to inform your carrier.It is required for all kinds of insurance.No matter life insurance,health insurance or auto insurance.
If you want to get your cancellation smoothly,you need to follow all the tips below.
1,before emailing your letter to your carrier,you need to get the right mail address,and you also need to know the balance in your account.
2,Not only the right address,you also need to include the right account No. and date of cancellation.
3,Be kind and firmly as possible as you can when you inform the carrier about your decision.
4,Tell the carrier that you want to be informed once your account been canceled.
5,It is also needed to tell your carrier that you want to money back if there are any balance in your account,or you would like to tell them that you allow to pay the dues from your balance.In order to save a lot of trouble,you can attach some money with your letter to pay for the dues if there are any.
6,In your letter,you shall also let the carrier to know that it is not allowed to take money from your bank account or C.card any more,once the cancellation is activated.
7,Do not forget to sign your signature on the letter,and keep one copy of the letter for yourself.
8,You mail need to be mailed via post office with a request of receipt confirmation.
By following the tips above,you are just protect your rights.According to laws,you are also available to request the details of the process of cancellation.If needed,you can also call your carrier to inform them your decision.
Updated On 6th Aug,2009.
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This is a good article. Something that can be overlooked is your point that the signature on the cancellation letter must be handwritten. All too often there is a delay in the process because the client used a computer generated signature or just typed the name.
I might suggest that if you are canceling an insurance product purchased from an agent or a broker to send them the request. This provides documentation. The agent or broker should follow-up to be sure that the action has been completed in the usual amount of time.
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