Posted by mimi 2 years ago In:

life insurance

mimi Asked:

Life insurance

Can I cancel a life insurance policy that I just signed up for and gave info for auto deduction from my bank.

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3 Answers

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Sparky's Mom Answered:

Mimi, Just call your agent and tell him/her you changed your mind. They will cancel the policy for you. And just in case, call your bank and tell them not to pay them.

Anna Sparky's Mom

Posted 2 years ago
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Please adopt a pet. We need you! ***** I am a free spirit who is grateful for my life and freedom...today. Christine Burgess ***** I am blessed to be friends with the best.

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wabrannon Answered:

Yes you can cancel a life insurance policy you just signed up for because initially everything is just starting the underwriting process to verify the app info (personal & medical). Just call your agent or your bank and it's a done deal.

Posted 2 years ago

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Jerry Weinberg Answered:

Go iperson to your bank or if this is not doable,call the bank .Tell them not to honor a bank draft from the xyz insurance co,also mail a certified letter receipt signature requedted to the insurance co.Stating you want to withdraw your application and not to start any bank drafts.Also refund any monies submitted with the application.