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Your insurance company must give you at least 30 days notice before they can cancel your coverage for the reasons stated above. This gives you time to appeal the decision or find new coverage.
In the insurance world, a notice of cancellation provision obligates insurers to provide advance written notice to the Certificate Holder if an insurance policy is cancelled or not renewed. The most common required cancellation notice period is 30 days, though, in some cases, up to 60 days may be required.
Typically, a simple phone call suffices to end your policy or prevent its automatic renewal. Some insurers might charge a cancellation fee and ask for a cancellation form or letter.
Notice of cancellation clauses are provisions in policies mandating that insurers are to provide advance notice of cancellation or nonrenewal of a policy.
Otherwise, you'll need to send a simple letter with the following information: Your full name. Address of the insured home. Your phone number. Your policy number. The date and time of policy cancellation. Your new insurance company. Your new policy number. Your new policy's start date.
Sample Insurance Cancellation Letter. I'm writing to seek termination of my insurance policy, which will take effect on [enter cancellation date]. I'd appreciate it if you could provide me formal confirmation of the cancellation within the next 30 days.
In most states, an insurance company must give a policyholder written notice of cancellation at least 30 days before canceling the policy.
Contact your insurer or agent to find the best way to cancel your policy. Some insurance companies permit you to cancel right over the phone or online. Other insurers may require written notification or a signed document.