How To Cancel Primerica Life Insurance

Whether you purchased your life insurance policy last week or long time ago, you may at some point decide that it is no longer in your interests to have it. There are a number of reasons this may happen, it could be that you no longer need it or that the premium payments are too high — but whatever your reason, there are ways and How To Cancel Primerica Life Insurance easily.

How To Cancel Primerica Life Insurance

To cancel life insurance, contact the agent who sold it to you, or contact Primerica directly, and ask them to cancel it. They will provide you with paperwork to sign and fax or mail back to give your legal assent to the cancellation. If there is an automatic withdrawal set up for payments, they may assist you in discontinuing that.

You can also cancel Term coverage with most companies by simply not paying on it for two months, after which time it will exceed the grace period and cancel automatically.

Primerica Life Insurance also provide various ways for its users to cancel your Primerica online account with ease:

  1. Through The Website
  2. Through Phone Number

1. To Cancel Or Stop Primerica Online Through The Website

In order to cancel your Primerica online account, you need to make changes in your settings, via the official website of the company.

  1. From your preferred browser go to the official website of Primerica life insurance @primericaonline.com
  2. Now, ‘Login‘ to your account on Primerica Online.
  3. Next, click on the ‘My Account’ section.
  4. Then tap on the option of ‘Service Selection’.
  5. Click on the ‘Cancel’ button.

You must note that this procedure won’t  cancel your Primerica Online account completely. It is just that the account will get switched to the free trial plan.

2. Cancel Primerica Online Account Via The Phone Number

Many of the users of Primerica Online prefer to cancel the Primerica online account over the phone, as it allows the entire cancellation of your Primerica online account which is dissimilar to the cancellation via the online method through its website.

You can dial the phone number provided by Primerica Online @1-888-737-2255 and directly talk to the Customer support service representative of Primerica online.

Here you can ask the representative of the company to cancel the Primerica Online account subscription.

Provide all the information to the rep that is related to your account and then go through the instructions as needed.

Also, make sure to ask for a confirmation email from the representative to your email when the subscription gets canceled to keep as a future record from the company on cancellation.

How To Cancel My Primerica Life Insurance Online Via DoNotPay

To cancel  Primerica Life Insurance Online may cause a huge problem and canceling your Primerica account by phone requires a lot of time and seems much annoying while on hold and waiting for the agent to respond. So in order to skip and solve all these irritating issues, the DoNotPay app brings an easy way to cancel the Primerica Online account in a few couples of moments.

Follow the points to cancel your Primerica Online account with DoNotPay:

  • Through your preferred web browser, go to the DoNotPay app to open it or you can even download the iOS version of the DoNotPay app for free from the Apple Store.
  • Now, click on the ‘Find Hidden Money’ tab.
  • Type in the name of the service as ‘Primerica Online’  the one on which you wish to cancel the subscription.

A confirmation mail will be sent to you on your registered email, on successful completion of the cancellation of Primerica Online account subscription with the DoNotPay app.

To Cancel Primerica Online Account And Get A Refund

While making cancellation of your Primerica online account, as per the terms and conditions of Primerica online, you will have to pay charges for the whole month, without regarding the date of cancellation. But you are allowed to have access to all the Primerica Online services and features till your billing cycle on subscription gets ends.

If you wish to cancel the subscription on Primerica Online in the first month itself as a user after you paid for the subscription, you may ask for a refund from the company if you fit in the loop as per the refund policy.

Hence, you can choose any of the above-illustrated methods on how to cancel your Primerica Life Insurance online account with relief and if you face any issues or have any query related to cancel Primerica online you can contact the customer support page or phone number that is available.

Frequently asked questions

1: Can you cancel a life insurance policy at any time? Yes, you can, although the only way to get back all your premium payments is to do so during the initial “free look” period.

2: How do I know when to stop term life insurance?

There’s no one right age, but some people cancel their policies when they are older and don’t need to leave a death benefit for their children.

3: Can I exchange my life insurance policy for an annuity?

Yes, you can. The IRS calls this a 1035 exchange, and it allows you to do a tax-free transfer of your policy into an annuity or long-term care policy.

4: What happens when you cancel a life insurance policy?

Generally, there are no penalties to be paid. If you have a whole life policy, you may receive a check for the cash value of the policy, but a term policy will not provide any significant payout.

5: Can your insurance company cancel your life insurance policy?

Your insurance company can cancel your life insurance under very specific circumstances. One of the main reasons that an insurance company would cancel your life insurance policy is from non-payment, especially during the grace period.

Add a Comment