sample letter to surrender a policy

by humera.rasool » Tue Dec 15, 2015 05:31 am

please share sample letter to surrender a policy due to financial chrisis

Total Comments: 4

Posted: Sun Dec 20, 2015 08:08 am Post Subject:

Dear Insurance Company,

I would like to surrender my life insurance policy #xxxxxxxxxx for its full surrender value.

Please send the check for the surrender amount to:

[Insert Name and Address]

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Posted: Tue Sep 24, 2019 08:41 am Post Subject: LIC SURENDER

Subject: Surrendering Policy Number #

This is to inform you that I won't be able to continue paying the premiums on the above policy. Therefore, I would like to surrender my insurance policy for payment of its full cash value with effect from
insert effective date
. I would appreciate a written confirmation from you within 30 days of the effective date.

I understand that surrendering this policy means that it cannot be reinstated later on, and the death benefit, which goes along with it, also gets terminated. Please reimburse the full cash value that I am entitled to receive, and cease the premium payments that are charged from my bank account.

Thank you for your timely consideration in this matte

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