Cancellation Agreement Form With Insurance Company In Pennsylvania
Description
Form popularity
FAQ
Contracts for goods or services in excess of $25 that are entered into as a result of a contact at your home, either in person or by telephone, can be cancelled within three business days following the date of the contract.
The UTPCPL gives consumers the right to cancel a contract within three days of signing it. This also applies to sales made over the phone, when a consumer feels buyer's remorse. However, the UTPCPL only governs consumer contracts, not commercial contracts.
Pennsylvania, unlike many states, does not have a “buyer's remorse” statute on the books, which means that consumers do not have legal grounds to return a vehicle unless they have a valid reason for doing so that is related to fraud, a serious defect, or misrepresentation.
A federal law allows consumers to cancel contracts made with a door-to-door salesperson or anywhere other than the seller's normal place of business within three days of signing. The three-day period is called a "cooling off" period.
Depending on your insurance company's rules, there are a variety of ways to cancel your policy. Call your provider. Most major companies simply ask that policyholders speak with an insurance agent to cancel. The phone number likely will be found on your insurance card, as well as on the company's website or app.
Send a letter to your insurer notifying it of your decision to terminate the contract. Remember: if more than one insured is named on the contract, the letter must be signed by each one of them.
The UTPCPL gives consumers the right to cancel a contract within three days of signing it. This also applies to sales made over the phone, when a consumer feels buyer's remorse.
Dear Name , This letter will serve as notice that I am terminating my contract with insert name of plan effective insert date . Pursuant to insert section or article of contract , I am providing 90 days' notice with this letter.
