Document background
The Policy Cancel Request Letter is a formal document used in Switzerland to initiate the termination of an insurance policy. It is essential for ensuring compliance with Swiss insurance regulations, particularly the Federal Law on Insurance Contracts (VVG/LCA). This document is typically used when a policyholder wishes to terminate their insurance coverage before the natural expiration date, when switching insurance providers, or when the insured asset is no longer owned. The letter must include specific information required by Swiss law, such as policy identification details, explicit cancellation request, and desired termination date. It serves as a formal record of the cancellation request and helps protect both the policyholder's and insurer's interests by clearly documenting the intended termination of the insurance contract.
