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Non Renewal Insurance Letter for the United Kingdom

Non Renewal Insurance Letter Template for England and Wales

A Non-Renewal Insurance Letter Template is a formal document used in England and Wales by insurance providers to notify policyholders that their insurance coverage will not be renewed upon expiration. The document must comply with FCA regulations, the Insurance Act 2015, and other relevant legislation governing insurance contracts in England and Wales. It includes essential information such as policy details, termination date, and notice period confirmation, while ensuring clear communication and fair treatment of customers.

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What is a Non Renewal Insurance Letter?

The Non Renewal Insurance Letter Template is a critical communication tool used when an insurer decides not to continue coverage beyond the current policy period. Under English and Welsh law, insurers must provide adequate notice and clear explanation to policyholders regarding non-renewal decisions. This document ensures compliance with regulatory requirements while maintaining professional standards in insurance communications. It typically includes policy information, termination date, reason for non-renewal (if required), and guidance for securing alternative coverage. The template helps insurers meet their obligations under the FCA's Treating Customers Fairly principles and the Insurance Act 2015.

What sections should be included in a Non Renewal Insurance Letter?

1. Recipient Details: Full name, address and policy number of the policyholder

2. Policy Information Block: Details of current policy including type of coverage and expiry date

3. Non-Renewal Notice: Clear statement indicating the policy will not be renewed upon expiration

4. Effective Date Statement: Explicit statement of when coverage will cease

5. Statutory Notice Confirmation: Confirmation that required notice period is being provided as per regulations

What sections are optional to include in a Non Renewal Insurance Letter?

1. Reason for Non-Renewal: Optional explanation of the decision not to renew, included when required by policy type or regulatory requirements

2. Alternative Coverage Options: Information about potential alternative insurance options, recommended for consumer policies

3. Outstanding Claims Statement: Information about any ongoing claims and how they will be handled post-expiration

4. Regulatory Disclosures: Additional disclosures required by FCA or other regulatory bodies depending on policy type

What schedules should be included in a Non Renewal Insurance Letter?

1. Current Policy Summary: Summary of the existing policy coverage that will be terminating

2. Claims History Report: Detailed record of claims made during the policy period if applicable

3. Consumer Guidance Notes: Information sheet providing guidance on securing alternative coverage and next steps

Authors

Alex Denne

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

Jurisdiction

England and Wales

Publisher

Genie AI

Document Type

Cancellation Letter

Sector

Sales

Cost

Free to use
Relevant legal definitions












Clauses












Industries

Insurance Act 2015: Primary legislation governing insurance contracts in England and Wales, setting out rules for fair presentation of risk, warranties, and remedies for breach

Consumer Insurance (Disclosure and Representations) Act 2012: Legislation protecting consumers in insurance contracts by regulating disclosure obligations and misrepresentation remedies

Financial Services and Markets Act 2000: Framework legislation regulating financial services including insurance in the UK

FCA Handbook: Regulatory guidelines and rules set by the Financial Conduct Authority for insurance providers

Insurance: Conduct of Business Sourcebook (ICOBS): Specific FCA rules governing insurance business conduct, including requirements for policy documentation and customer communications

Treating Customers Fairly (TCF) Principles: FCA regulatory principles ensuring fair treatment of customers in financial services including insurance

Notice Period Requirements: Regulatory requirement to provide adequate notice (typically 14-21 days minimum) before insurance policy non-renewal

General Data Protection Regulation (GDPR): EU regulation incorporated into UK law governing the processing and protection of personal data

Data Protection Act 2018: UK legislation implementing and supplementing GDPR requirements for data protection

ABI Codes of Practice: Industry guidelines set by the Association of British Insurers for insurance providers

Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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