Submit NFIP Cancellation Request

Policy Guide

Standard Flood Insurance Policy

Applications

Equinox Procedure
Waiting Periods : Occupancy Foundations : Discounts

New Business

Elevation Certificates
Primary Residence
BRCV : Venting : Condos

Renewals

Equinox Procedure
Billing Changes

Changes

Equinox Procedures
Mortgagee : Insured
Transfer of Ownership
Coverage Limits

Cancellations

Equinox Procedure
Request Forms : Signatures
Reasons : Documents

This Equinox Procedure is for Agents. Find a complete list here.

This procedure explains how agents can submit a cancellation request for an NFIP policy. This will not auto-issue and must be reviewed by Underwriting before it is cancelled.

Procedural Steps

1. Policy Record

Use the "Policy Actions" menu along the right side of the page.

Open the Policy Record.

To start the policy cancellation process

• Find the Policy Actions block on the right
• Choose "Cancel Policy"

Policies cannot be cancelled because the insured no longer wants it.
There must be a Qualifying Reason.

NFIP Policy Cancellation page

This will open the NFIP Policy Cancellation page.

This page has the following sections:

1. Qualifying Reason dropdown list
2. Upload Cancellation Documents
3. Cancellation Effective Date
4. Cancellation Refund and Mailing Instructions
5. Abandon: Exit the cancellation without submitting anything
6. Submit: Create the Request Form and add any uploaded cancellation documents

All sections will be shown after a Qualifying Reason is chosen from the first dropdown box.

2. Qualifying Reason

Choose the appropriate Qualifying Reason.

Choose the appropriate qualifying reason from the dropdown list

The NFIP Cancellation Qualifying Reasons are listed from the top-down based on how common they are.

For instance, most policies are cancelled after the sale of the building, which is at the top of the list.

• The Reason Codes are used for reporting to FEMA
• The Qualifying Reason will determine the cancellation effective date
• The Reason Code can be changed after submitting the request to Underwriting

3. Supporting Documentation

Upload the Supporting Documentation.

Upload supporting documentation for the cancellation

Select the button that shows "Click to add more files or drop them".

Upload any Required Cancellation Documents as shown under the Qualifying Reason, such as:

• Proof of sale (Reason Code 01)
• Duplicate declarations page (Reason Code 04)
• Cancellation Verification Letter (Reason Code 28)

These documents will become part of the Policy Documents. Additional documents can be added after this first request has been submitted.

Documents can be removed from this list after they are uploaded by clicking the Trash Can icon on the right.

4. Effective Date

Choose the correct Cancellation Effective Date.

Enter or choose the appropriate date. Effective dates chosen before the policy inception date may cause errors.

Underwriting may adjust the Effective Date based on details in the documents or the date the request was received.

5. Refund

If applicable, choose where the Refund should be sent.

Confirm who will receive the refund and where it should be sent.

The refund amount will be calculated by the effective date and the refund rules.

Below the calculation, the agent has options to choose who will be paid ("Pay to") and where the check will be mailed ("Mail refund to").

If the Insured buttons are used, the refund will be paid and sent using the details currently on file.

If "Other" is chosen, complete the form fields to adjust who is shown on the check and where it will be mailed.

6. Submit and Follow-up

After choosing the "Submit" button, the system will confirm the cancellation request.

After choosing the "Submit" button, the system will confirm the cancellation request.

An underwriting notification will be shown after the cancellation request has been submitted.

An underwriting notification will be shown after the cancellation request has been submitted.

The policy will show a "Pending Cancellation" flag.

This page may need to be edited based on suggestions or concerns. Read more in the Discussion page.

This page contains details about NFIP Cancellations. Find more in the How To Cancel section of the NFIP Flood Insurance Manual.