request letter format for free look cancellation of life insurance, free look cancellation of insurance policy sample letter, policy cancellation letter to insurance company template

When drafting a letter for free look cancellation of an insurance policy, it's crucial to maintain clarity and politeness. Clearly state the policy details including the policy number, date of inception, and reason for cancellation. Provide all necessary documentation and bank account details for the refund. Express appreciation for prompt action.

Request Letter for free look cancellation of Insurance policy

To,

The Manager,
__________ (Name of Insurance Company),
__________ (Insurance Company Address)

Date: __/__/____ (Date)

Subject: Request for free look cancellation of policy number ________ (policy number).

Sir/Madam,

Respectfully, I am _________ (Your Name) holder of an insurance policy from your insurance company ______________ (Insurance company name) taken on _______(Date of Insurance Policy Taken) having policy number __________ (Policy Number).

I want to cancel the policy under free look cancellation period due to ___________ (reason for cancellation – personal reason/wrong commitment/ financial issue/ any other reason)

I request you to kindly complete the formalities of the cancellation of the policy and transfer the amount of this policy to my account no. ____________ (account number). The said bank account is already updated in your records.

I am enclosing _________ (insurance policy bond paper/policy surrender request/ bank account statement/cancelled cheque/bank passbook copy, photo, insurance application form) along with the application.

Your prompt action on the same will be highly appreciated.

Thank you,

Signature: _____________
Your Name: __________
Policy Number: __________
Mobile number: _________

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