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Showing posts with the label Insurance Termination Letter

Request to Terminate of Car Insurance Policy

Summary: An Insurance termination letter is one, which is sent to the insurance company where the insurance has to be cancelled due to certain reasons. In this letter, the car has been sold and the seller sends the letter to the insurance company asking them to cancel the car policy. If this is the same situation with you then you can send this letter in professional manner to the company. Mr. Roy Mathews Flat # 45, H.No 36/75, Green Meadows California-06 Phone: 25452153 To: The National Insurance Co No.10, Rose Towers Tiny Plaza California -04 Dear Sir, Sub: Termination of my Car Insurance Policy. Ref: Your Policy Cover Note No.321 dated 13 th  September, 2009. This is to inform you that the above stated Car Insurance Policy possibly will be terminated in for my Honda Car with Regd No. CA 1452 as I have sold the car to someone else on 15th January, 2010. I have enclosed the Policy document along with this letter for cancellation. Thanking you. Yours faithfully, Roy Mathews

Termination of the policy due to nonpayment of the premium

An insurance termination letter is a termination notice given by an insurance company to its client. Specific reasons are mentioned by the company. Although it is traumatic for the person, it is equally a hassle for the company too, as it means a loss of a client. Here is a sample insurance termination letter: From: General Insurance Pvt. Ltd. Maple Street, Toronto, Canada To: Mr. Jack Sloan 5 th  Street, Beachwood Park, Toronto, Canada 22 nd  June, 2010 Ref: Termination of the policy due to nonpayment of the premium Dear Mr. Sloan, It is with regret that I wish to inform you that your policy # 10298, taken in the year 2006 has been terminated. We had sent repeated requests to you to deposit your monthly premiums on time. Kindly refer to our letters sent on 2 nd  February, 4 th  March, 4 th  April and 6 th  May. These letters were ignored by you. We had no communication from you since January. Since it is our company’s policy to terminate the policies of su...

Medical Insurance Termination Letter

To, Name, Address, City, Date. Policy number: provide the policy number Subject: cancellation of your policy number This is in reference to the policy number you had applied dated (date). You are aware that our policy is accompanied with a medical check and then only the policy is approved. As your information you showed that you are perfectly healthy but when our team had conducted the random check we got to know that you are a chronic ____________ patient past one year, and you had not informed us about it. As per the clause, we regret to inform you that your policy stands cancelled with effect from_____________(date). We regret the inconvenience caused to you and since the policy is canceled in the beginning of the term, the money due is only what you had paid at the time of the policy. We will be deducting the miscellaneous charges incurred by the company and the remaining amount____________will be sent to you within 15 days to your address. The settlement amount will be in the for...