Writing a letter to request a refund from an insurance company requires clarity and politeness. Clearly state the reason for the refund request, including details such as the policy number, date of purchase, and the amount to be refunded. Express gratitude for their attention to the matter and provide your contact details for further communication.

Table of Contents:

Sample Letter For Refund Of Money From Insurance Company

To,
__________ (Name of the Insurance Company)
__________ (Address)

Date: __/__/____ (Date)

Subject: Claim Money Refund for Policy _________ (Policy No.)

Respected Sir/ Madam,

With due respect, I would like to inform you that, recently on __________ (Date), I purchased a policy from your company __________ (Policy name) bearing policy ID __________ (ID number). I would like to bring to your kind notice that I am not willing to carry this policy in my name any further and request you kindly refund the policy amount. I am currently eligible to avail __________ (Full/ Half) percent of the deposited amount. The following are the details of the policy:

Name- __________ (Mention Name)
Policy ID number- __________ (Policy ID number)
Date of issuance- __________ (Mention Date)

I expect your quick and kind response in this regard. You may contact me at the contact details mentioned below.

Thanking you,
__________ (Signature)
__________ (Name)
__________ (Contact Details)

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FAQs

  • What information should I include in my letter to request a refund from an insurance company?
    • You should include details such as the policy number, date of purchase, reason for the refund request, and the amount to be refunded.
  • Is it necessary to mention the percentage of the refund I am entitled to?
    • Yes, it's important to specify whether you are entitled to a full or partial refund of the deposited amount.
  • How should I address the recipient in my letter to the insurance company?
    • Begin with "Respected Sir/Madam" followed by a brief introduction of your purpose.
  • What should I do if I haven't received a response from the insurance company regarding my refund request?
    • Follow up with the insurance company through additional correspondence or by contacting their customer service department to ensure that your request is being processed.
  • Should I provide my contact details in the letter for the insurance company to reach out to me?
    • Yes, it's important to provide your contact details to facilitate communication and to address any further inquiries the insurance company may have regarding your refund request.