This comes up time and time again when a person is getting a new policy. Whether it be life insurance, health insurance (including Medicare), or disability insurance, they want to cancel the old policy immediately. This is very, very dangerous and could leave you with no coverage. I recommend to all my clients never to cancel out an old policy until they have your new policy approved and agree with the new contract’s terms.
Before you cancel that old policy, give us a call or text at (352) 508-4221
This would also fall true for car insurance, homeowners, renters, and business insurance.