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Friday, March 7, 2014

Writing a Mortgage Life Insurance Cancellation Letter (with Sample)

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Sample 1 - Mortgage Life Insurance Cancellation Letter

January 1, 2013
 Mortgage Life Insurance
Mortgage Life Insurance
Name on Policy
Address of Policyholder
XYZ Insurance Company
Address of Company
ATT: Cancellations
 
RE: Life Insurance Policy #
 
Please
 consider this letter as a formal request to cancel the referenced mortgage life insurance policy. Please stop all debits or charges for premium payments. The effective date of policy cancellation is 01/01/2013.
I am also requesting written confirmation of the cancellation and the return of any premiums. The cash value of the policy should also be sent with any returned premium. This action needs to occur within a period of 30 days from the receipt of this letter.
 
Sincerely,
Name of Policyholder

Sample 2 - Mortgage Life Insurance Cancellation Letter

October 20, 2013
Name on Policy
Address of Policyholder

ABC Insurance Company
Address of Company

Attn: Cancellations

RE: Life Insurance Policy #

Please take this letter as a formal request to cancel my mortgage life insurance policy and stop all charges for premium payments. Please make this cancellation effective as of 03/01/13. I also request written confirmation of this cancellation, along with a refund for unused premiums, within 30 days from the receipt of this letter.

Sincerely,

Name of Policyholder

Sample 3 - Mortgage Life Insurance Cancellation Letter

Date
Name of Insurance Cancellation Department Address
Re: Policy Number
To Whom It May Concern:
This letter is to inform you I wish to have my mortgage life insurance policy referenced above cancelled effective [cancellation date]. Please send a written confirmation letter to me within 30 days after the cancellation takes effect. Please refund any and all unused portion of my premium.
I look forward to hearing from you.
Sincerely,
Policy holder’s name Address
 

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