Cancel Your Fidelity Life Insurance Policy Online or by Phone

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Rachael Brennan has been working in the insurance industry since 2006 when she began working as a licensed insurance representative for 21st Century Insurance, during which time she earned her Property and Casualty license in all 50 states.
After several years she expanded her insurance expertise, earning her license in Health and AD&D insurance as well. She has worked for small health in…

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Benjamin Carr was a licensed insurance agent in Georgia and has two years’ experience in life, health, property and casualty coverage. He has worked with State Farm and other risk management firms. He is also a strategic writer and editor with a background in branding, marketing, and quality assurance. He has been in military newsrooms — literally on the frontline of journalism.

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Benji Carr


Former Licensed Life Insurance Agent

Benji Carr

UPDATED: Apr 20, 2022

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Quick Facts

Fidelity Life insurance can be canceled by mail
You can’t cancel Fidelity Life online
Call Fidelity to find out what stpes you need to take to cancel
Customers can receive a refund within the free-look period

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Do you want to learn how to cancel Fidelity Life insurance? Canceling Fidelity Life insurance can be done in a few steps.

But how many steps do you need to take to cancel Fidelity Life insurance? Don’t worry — we’re here to help.

Read our guide to learn how to cancel Fidelity Life insurance policies. We’ll also explain why you should shop around for various types of term life insurance after canceling your policy.

Can you cancel Fidelity Life insurance by phone?

Fidelity Life does not specify whether you can cancel a life insurance policy by phone. You can, however, call to get the cancelation process started.

But you can call the Fidelity Life phone number at (800) 369-3990 and start the cancellation process. Fidelity Life customer service is open Monday through Friday from 8 a.m. to 5 p.m.

Can you cancel Fidelity Life insurance online?

The answer is no. Fidelity’s website does not mention how to cancel your life insurance policy online. However, you can email them at [email protected] or [email protected]

Your life insurance quotes are always free.

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How do you cancel Fidelity Life insurance?

The Fidelity Life Insurance Company deals with cancellations a little differently than other life insurance companies.

Here are the steps required to cancel Fidelity Life insurance policies.

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Step #1 – Contact Fidelity Life insurance by phone or email
Step #2 – A Fidelity Life customer service representative will ask that you send a written letter requesting cancellation
Step #3 – Send the letter to 8700 W Bryn Mawr Avenue, Chicago, IL 60631
Step #4 – Wait for a return letter or email confirming your cancellation

Fidelity Life’s website insists that you write a signed letter to cancel your life insurance policy.

Fidelity Life requires you to return your life insurance packet or dispose of it.

Your spouse’s signature is also required if you live in Arizona, California, Indiana, Louisiana, Nevada, New Mexico, Texas, Washington, and Wisconsin.

Why should you cancel Fidelity Life insurance?

There are multiple reasons why you might want to consider canceling your Fidelity Life insurance. Here’s a list of reasons why you may wish to cancel.

You’re not happy with Fidelity Life insurance customer service
Other life insurance companies have cheaper options than Fidelity Life insurance quotes
Fidelity Life doesn’t have the policies you need

Several factors determine whether affordable Fidelity Life insurance is available to you. If you can’t secure lower Fidelity Life insurance rates, try comparing multiple companies.

How does Fidelity Life insurance compare to other companies?

Fidelity Life is worth over $22 billion, but it’s challenging to find public Fidelity Life insurance quotes.

According to the National Association of Insurance Commissioners (NAIC), you should compare multiple options and explore the pros and cons of life insurance companies and their policies.

But we’ve found the lowest average term life insurance rates of the best life insurance companies in the United States. Let’s look at those rates now.

You can get term life insurance for as low as $9 a month. However, your rates may vary for each company. Also, factors like age, gender, policy term, and policy type affect the cost of life insurance.

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If you have a flexible budget, you should shop for permanent life insurance, too.

Your life insurance quotes are always free.

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Does Fidelity Life insurance have a free-look period?

Yes, it does. The free-look period lasts for 30 days at Fidelity Life. That means you can cancel your Fidelity Life insurance within 30 days without any cancellation penalties. You’ll also receive a refund.

If you’ve paid your life insurance policy in full for the year, you can receive a full refund.

When should you cancel Fidelity Life insurance?

You can cancel Fidelity Life insurance policies whenever you want. But it’s best to choose a date.

Although life insurance coverage gaps don’t increase rates at future companies, it’s a good idea to buy another life insurance policy before you cancel your current policy.

How to Cancel Fidelity Life Insurance: The Bottom Line

Fidelity Life is specific about cancellation instructions on its website. Several sources say that you can cancel over the phone or online.

You can set up your cancellation over the phone, but there’s no indication that you can cancel online.

If you want to keep life insurance but leave Fidelity Life, you’ll need to shop around. The good news is that you don’t have to rush.

Frequently Asked Questions: How to Cancel Fidelity Life Insurance

Do you want to know more about Fidelity Life insurance? Read these answers to frequently asked questions to learn more.

#1 – How do you cash out a term life insurance policy?

You can’t. Term life insurance doesn’t share the same cash value benefits as permanent life insurance. But a return-of-premium life insurance policy can provide money back.

#2 – What happens if I stop paying a term life insurance policy?

Your policy can be canceled for nonpayment. You should avoid nonpayment cancellation.

#3 – Can I get money back from my whole life insurance policy?

Yes, you can, if there is money in the cash value account. When you cancel your whole life insurance, you can use the money you get back to buy a term life insurance policy with your current company.