Insurance Cancellation Letter Template for Hong Kong

The Insurance Cancellation Letter is a crucial document used in Hong Kong's insurance sector when a policyholder wishes to terminate their insurance coverage before the natural expiry date. This document must comply with Hong Kong's Insurance Ordinance (Cap. 41) and related regulations, ensuring all legal requirements for policy termination are met. The letter serves as formal written notice to the insurer and typically includes policy details, cancellation date, reason for cancellation, and premium refund requests. It's essential for creating a clear record of the cancellation request and protecting both the policyholder's and insurer's interests. The Insurance Cancellation Letter can be used for various types of insurance policies, including life, health, property, and general insurance, and may need to be accompanied by specific supporting documentation depending on the type of policy being cancelled.

1. Sender's Details: Full name, address, and contact information of the policyholder

2. Date: Current date of writing the cancellation letter

3. Recipient's Details: Insurance company's name, department, address

4. Policy Information: Policy number, type of insurance, and other relevant identifiers

5. Subject Line: Clear indication that this is a cancellation request

6. Cancellation Request: Clear statement requesting cancellation and desired effective date

7. Reason for Cancellation: Brief explanation of why the policy is being cancelled

8. Premium Refund Request: Request for any applicable premium refund

9. Closing: Professional closing statement, signature block, and contact information