When drafting a letter to request the cancellation of mortgage insurance, clarity and politeness are key. Ensure to include your policy details, the reason for cancellation, and a polite request for guidance on the cancellation procedure.
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- FAQs
Sample Letter Requesting Cancellation of Mortgage Insurance
To,
__________ (Receiver’s Name),
__________ (Receiver’s Address)
Date: __/__/____ (Date),
Subject: Cancellation of mortgage insurance
Dear Sir/Madam,
With due respect, I would like to inform you that I do hold a ________ (mortgage insurance details) in your branch bearing policy no. ___________ (mortgage insurance policy number) in the name of ________ (mortgage insurance holder name).
I am writing this letter in regard to the cancellation of the above-mentioned mortgage insurance. The reason for cancellation of mortgage insurance __________ (mention reason for cancellation). I request you to kindly guide me through the procedure in this regard. I shall be highly obliged for your kind response. In case of any queries, you may contact me at __________ (contact number).
Thanking you,
_________ (Signature)
_________ (Your name),
_________ (Contact number)
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FAQs
- What information should be included in a mortgage insurance cancellation request letter?
- Include policy details, the reason for cancellation, and a polite request for guidance on the cancellation procedure.
- Is it necessary to mention the policy number in the cancellation request letter?
- Yes, including the policy number helps the bank identify your specific insurance policy for cancellation.
- Why is it important to provide contact information in the letter?
- Providing contact information ensures that the bank can reach out to you for further communication or clarification regarding the cancellation request.
- How should I express gratitude in the cancellation request letter?
- You can express gratitude by thanking the bank for their assistance and cooperation in facilitating the cancellation process.
- Should I mention the reason for cancellation in the letter?
- Yes, it's important to briefly mention the reason for cancellation to provide context for the request and help the bank understand your situation better.
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Kshitij Tarun