With my property insured under a mortgage, is it true that it is compulsory for me to purchase insurance coverage from the bank’s panel of insurers otherwise they might not approve my loan?
The bank claimed that I am underinsured and wants me to get insured with their panel of insurers that will offer sufficient coverage based on loan value. What should I do?
What is a cancellation note and how will I receive it?
My home insurance policy from the bank will be expired soon. When should I purchase/ renew the insurance from AIA SafeHome?
What kind of documents do I need to send to the bank in order to cancel my home insurance policy with the bank?
I have informed the bank regarding my SafeHome policy with AIA, but the bank has arranged another policy for me and my account has been charged. How can I cancel the insurance policy with the bank?

What kind of documents do I need to send to the bank in order to cancel my home insurance policy with the bank?

18 October 2022 16:00
Updated

You need to send the cancellation note and e-policy issued by AIA to the bank.