I obligation to end my possession insurance policy, but I'm getting the runaround?
The company says i entail to do it through my rep, my rep says I obligation to do it thru them, they say I necessitate to send a written message and my boyfriend (who also has same policy) who go thru all these channel recently get a bill from them closing his policy out for this month (in anticipation of a cancellation) but they're charging him for the next 3 months worth!! (no mention of that contained by our life insurance policy!)
Is this even official???
Answers:
OK, You need to put the contradiction request in writing, "Please put an end to my policy as of June 1, 2007". Send a copy to the rep, the company, AND THE STATE INSURANCE DEPARTMENT. Let the rep and the company know you are sending it to the state insurance department - IN THE LETTER. Tell them you're doing that, because neither the rep nor the company seem to want to end the policy for you, and you're demanding cancellation.
If you mull over they are charging the boyfriend illegally, write to the insurance department. They should be EXPLAINING the charge to you. It's more plausible a final bill for the last three months, than a dissolution charge - those are pretty unusual in occupancy insurance policies.
Yes, it can be. It is always esteemed to read "cancellation policies" past you sign contract. Your actual insurance information package, by decree, has to notify you the procedure for canceling your policy. Follow the procedure it stipulates completely, and keep files of every communication with the company.
I don't know what your time policy says, but I assume all vivacity policies has a small paragraph on the subject of cancellation. It will speak you will need to write a missive. When they receive the letter, thats the time they will cancel the policy. Whatever premiums you rewarded in finance will be refunded support to you. For example, if you paid your premiums annually, and you undo in the 4th month, they will compensation the remaining 8 months.
So write the letter stating you want to stop the policy. You want to include the policy number, your name, address, and phone number.