Relax, this isn’t going to be an article about cancel culture. I promise not to go there. Instead, let’s talk about a different type of cancellation — that being from your insurance company. Can an insurance company cancel your insurance policy or non-renew it at any time? What rights do you have if you receive the breakup letter in the mail? What can you do if you still love them and they don’t love you?
An insurance policy is a contract between you and the insurance company. I’m not an attorney, so without going into the details or specifics about contracts, let’s just look at it like it’s a simple deal. This deal says you agree to pay some money, and in exchange, if something occurs, the insurer agrees to pay you some money. At its most fundamental level, that’s what we’re agreeing to when we purchase an insurance product.
