Sure. You can cancel term life insurance anytime you want, but why do want to cancel it. Have your financial liabilities expired? Did the economic exposure for your beneficiaries cease? Even seniors who have financial stability have life insurance for final expenses. If it’s an issue of affordability, have you sought our other term life insurance alternatives for cheaper product and a better underwriting offer?
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You can cancel term life insurance at any time. Suppose you bought a 10-year level term policy from Transamerica four years ago.
You decided that you no longer wanted the policy and decided to cancel the contract. Simply call or contact your broker or the insurer directly, and your request will be taken care of.
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You decided that you no longer wanted the policy and decided to cancel the contract. Simply call or contact your broker or the insurer directly, and your request will be taken care of.