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Knowing how to cancel an insurance policy is important for several reasons. You may, for example, need to change to a new insurer if you move to a new state. Or perhaps you are taking an extended ...
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Insurance companies are required to provide written notice of cancellation or nonrenewal, typically within 30-120 days (varies by state), to allow policyholders enough time to shop around for ...
If you decide to cancel your term life insurance, the process is usually pretty simple. One of the most effective ways to cancel is by stopping your premium payments. Simply stop sending in the ...
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Cancellation of an insurance policy before the end of the policy period has the effect of ending the insurance coverage on the date of the cancellation. This can result in a partial return premium which can be calculated in different ways depending on the method specified in the policy.