Request Letter for Refund of Money from Insurance Company

Please note that these are three different Easy Templates of letters to an insurance company, requesting a refund of the amount. These are free to use for anyone who requires them. For further information, please contact us via the email or comment box.

Requesting a Refund due to half of the Continuation

 To,
—————— (Title of the Officer in charge),
___________ (Officer in charge name),
Address: —————
—————————

Date: __________

From,
—————————— (Name)
Address: ——————-
———————————

Subject: Requesting the Initial Deposit

Dear Sir/ Ma’am,

I am ________, and am, respectfully, writing to you so that you may resolve my query by returning the amount that I had deposited to the insurance company. I had become a client in the year _______, and had opted for the ________ package.
The company required that I pay an initial amount of ________ and then a monthly amount of ________. This meant that after _______ years, I would be getting an amount of _________. The clause also included that if I wished to withdraw or discontinue the contract, I would get an amount of _________, which meant that a _______ percent deduction would take place and I would be given a residual amount in the form of a check.
Due to personal reasons, I regret to inform you that I cannot continue with your company anymore. This is why I am opting to bear the _______ amount in deductions so that I may get the rest. I have submitted my application, and all that there’s left is this signed letter from you.

Please respond as quickly as you can.

Thank you.

Requesting for Refund because of a Change in Plan

 To,
——————
Address: —————
—————————

Date: __________

From,

—————————— (Name)
Address: ——————-
———————————

Subject: Insurance Amount Return

Respected Ma’am/Sir,

I am ________, and my client no. is _________. I joined your company as a customer in ______ and have remained here as a regular payment provider for _______ many years. Right now, however, I regret to inform you that I cannot continue with your company any longer.
Due to financial reasons, I cannot opt for this plan anymore and would like to withdraw my participation from the company. Below are my details:

Consumer number: ________

Plan title: ________

Number of payments made: ________

I was informed that because I am opting for a premature withdrawal from the program, I will need to bear the burden of _____ amount in percentage. I am ready to let that go if it means that the rest will be returned.
Please understand that this was a difficult decision for me to come to, and I wish I could have continued with your company, but this is the situation I have to deal with right now.
I hope you will be compliant with my request. Thank you.

Requesting a Refund due to a Cancellation of the Plan

 To,
——————
Address: —————
—————————

Date: __________

From,
—————————— (Name)
Address: ——————-
———————————

Subject: Deposit Return

Most respectfully, Madam/ Sir,

My name is _____, and I am a customer of the ________ program at your insurance company. In ______ year, I opted for the _______ scenario, which stated that after regular payments for _______ years, I would receive _______ amount in the end. Right now, I am ________ years/months into the program and I regret to inform you that I will not be able to continue any longer.
As of this moment, I would like to request for termination of my contract with the company and would like to request that you return my basic amount and a ____ percentage of the installments that I have paid to the company, as per my contract.
I understand that this is sudden, but I am in a difficult situation and do not wish to continue with this plan for the rest of the period. I would like to request that you promptly make these arrangements for me, so that I may move on to submit the rest of my paperwork.

Thank you for your time and cooperation.

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