Letter for Insurance Termination from Company

Letter for Insurance Termination from Company

[Below briefly focus on sample Letter for Insurance Termination from Company. Insurance provides a kind of safety to the person or their possession. The sender of the letter must provide the reason for the termination of the insurance. Insurance can be defined as an arrangement by which a company or the state undertakes to provide a guarantee of compensation for specified loss, damage, illness, or death in return for a payment of a specified premium. Customize the content according to the information you want to convey.]

From,

Name of Sender…

Designation and organization of the sender…

Organization or Company Address…

Date: DD/MM/YY (date of issue of the letter)

To,

Name of Recipient…

Address of Recipient…

Subject: Termination of Insurance

Dear (name of recipient),

We deeply regret to inform you that your insurance (mention the details of the insurance) with our company (name of insuring company), is being terminated. (Describe in your words).

Our earlier letter, dated (mention the date of the warning letters that were sent to the recipient), has received no response from you, which is why we are compelled to terminate the insurance contract on the grounds that (provide the reason for the termination of the insurance). (Describe actual problem and Situation)

Compensations, as discussed in the insurance contract, would be made available to you in due time. (Explain all about contract and policy). Kindly find an enclosed copy of the insurance contract and feel free to contact us on (provide contact details) in case of any queries. (Describe your greetings and requirements, if any).

Yours sincerely,

(signature of the sender)

(name of sender)

 

Another format, [Email Format]

From: Sender mail address,

To: Receiver mail address.

Subject: Termination of your Insurance

Dear (Name),

We deeply regret to inform you that your insurance for your residence (Type of insurance), with the serial number (****), with our company (Insurance company name), is being terminated. (Describe in your words).

Our earlier letter, dated (Date: DD/MM/YY), has received no response from you, which is why we are compelled to terminate the insurance contract on the grounds that the monthly premium has not been made for the past 2/3/5 months. (Describe actual problem and Situation)

Compensations, as discussed in the insurance contract, would be made available to you in due time. (Explain all about contract and policy). Kindly find an enclosed copy of the insurance contract and feel free to contact us on (Contact information) in case of any queries. (Describe your greetings and requirements, if any).

Yours sincerely,

(Name and Contact Info.)