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States typically require insurance companies to provide a 30-day notice of cancellation to the policyholder before the cancellation date.
A notice of cancellation simply requires your vendors to alert you when they cancel their insurance or decide not to renew it. Typically, the people who will be notified of this cancellation are the additional insureds or any other vested parties listed on the COI.
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.
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.
Inform the support team of your health insurer of your desire to end the health insurance policy. Send your insurer a written policy cancellation request either online or offline. The written request must contain your policy details and the reason for cancellation.
Dear [Recipient Name], This cancellation letter is notify you of our intent to terminate the above written contract with you in ance with the terms and provisions of the contract. Please use this cancellation letter as our notice not to renew the contract. Termination will be effective as of [Termination Date].
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.