Can I cancel my Life Insurance at any time?
Your life insurance policy contains the terms and conditions of the contract. You should review the cancellation clause in your policy so that you are aware of the required cancellation notice.
If you are cancelling coverage all together, then make sure you no longer have any reason to carry life insurance. This means you do not have a mortgage, your children or spouse are self-sufficient, and there is not anyone otherwise depending on you for financial support.