Sample Letter format for Cancel Loan Insurance Policy

Sample Letter format for Cancel Loan Insurance Policy

[Here briefly describe on Sample Letter format for Cancel Loan Insurance Policy. You can follow these sample application letter to cancel the loan insurance policy you have purchased or supposed to purchase from an Insurance Company. You can make changes as per your requirements.]

Date…

Name or Job Designation…

Insurance company name…

Address…

Sub: Letter for Cancel Loan Insurance Policy

Respected Company,

I have to say that I want to cancel the loan insurance policy I had purchased from your company for the reason that I no longer require it for my company and it will become expensive for me if I continue to pay for the insurance installment. (Describe your actual problems and situations).

I would request you to cancel the insurance policy I bought from your company. I shall be very thankful to you.

Your Client,

Your name…

Address…

Insurance policy number…

Contact no. and Signature…

 

Another Format,

Date…

Name or Job Designation…

Insurance company name…

Address…

Sub: Letter to Cancel Loan Insurance Policy

Respected sir,

I (Your name), would like to tell you that I have signed an insurance policy with you last week but as I researched I got to know that there are other companies that are offering a good policy than your company, (Describe your actual problems and situations); I would like to cancel my deal with you as I am interested in somewhere else. I will visit you tomorrow (date) for all the formal processes. I hope you will understand the customer’s demand and will provide good policy next time. Thanks.

Regards,

Your name…

Address…

Insurance policy number…

Contact no. and Signature…