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Cancellation Letter For Health (Insurance) Template for Philippines

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Cancellation Letter For Health (Insurance)

"I need a Cancellation Letter For Health Insurance to terminate my family health policy with PhilHealth Insurance Company, effective March 1, 2025, due to relocating abroad, and I need to ensure all premium refunds are properly addressed."

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What is a Cancellation Letter For Health (Insurance)?

The Cancellation Letter For Health (Insurance) is a crucial document used in the Philippine insurance market when a policyholder wishes to terminate their health insurance coverage. This document must comply with the Insurance Code of the Philippines (Republic Act No. 10607) and relevant Insurance Commission circulars, which set specific requirements for policy cancellations. The letter serves as official documentation of the policyholder's intent to cancel their health insurance policy and typically includes policy details, effective cancellation date, and reason for cancellation. It protects both the policyholder's right to terminate coverage and the insurance provider's need for proper documentation. This document is particularly important in ensuring a clear audit trail and proper processing of the cancellation request, while also facilitating any necessary premium refunds or claim settlements.

What sections should be included in a Cancellation Letter For Health (Insurance)?

1. Policyholder Information: Full name, address, contact details, and policy number of the insurance holder

2. Insurance Provider Details: Complete name and address of the insurance company

3. Policy Identification: Specific details of the health insurance policy being cancelled, including policy number and type

4. Cancellation Request Statement: Clear statement of intent to cancel the policy

5. Effective Date: Specified date when the cancellation should take effect

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

7. Premium Status Declaration: Statement regarding any outstanding premiums or paid-up status

8. Signature Block: Space for policyholder's signature, printed name, and date

What sections are optional to include in a Cancellation Letter For Health (Insurance)?

1. Claims History Reference: Include if there are pending claims or recent claims history that needs to be addressed

2. Premium Refund Request: Include if seeking refund of prepaid premiums

3. Alternative Coverage Statement: Include if cancellation is due to switching to another provider

4. Urgency Notice: Include if cancellation needs to be processed on priority basis

5. Beneficiary Acknowledgment: Include if policy has named beneficiaries who need to be notified of cancellation

What schedules should be included in a Cancellation Letter For Health (Insurance)?

1. Copy of Insurance Policy: Attachment of the original or copy of insurance policy being cancelled

2. Premium Payment Records: Documentation of premium payments made, if relevant to refund requests

3. Identification Documents: Copy of valid government ID or other required identification documents

4. Authorization Letter: If the cancellation is being requested by someone other than the policyholder

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

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Relevant Industries

Insurance

Healthcare

Financial Services

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