Can We Cancel Health Insurance?

  1. 1492 POINTS
    Jeff Davis
    Insurance Advisor, Lordship Insurance Services, California
    Insurance is voluntary in that it can always be cancelled. The best time to cancel a policy is when it is up for renewal. At that time insurance companies know that most customers shop for better policies/better rates and it is expected that some policies will be cancelled. If you cancel at the right time there is no further premium payment obligation on the insured.
    Answered on October 15, 2013
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