How To Cancel A Life Insurance Policy? 
A life insurance policy can be cancelled at any time . However , you should consult an experienced broker or financial planner to understand any tax ramifications -LRB- or other issues -RRB- . Remember ... before you cancel ... consider the consequences . If you are uninsurable , it may not be a wise decision . But ... back to the policy ... Simply contact the insurer or the agent who sold you the policy . They can easily surrender the contract . Make sure it is a full-time agent . 