Insurance notice of cancellation? sometimes due to an illness or a lengthy vacation,your Insurance bill gets overlooked and then your policy is cancelled. Within most policies, there is something called “Third Party Designee”. This Designee can be a neighbor, friend or relative that will also receive a cancellation notice in the mail the same time one is mailed to you. Most Insurance Companies offer this service at no additional cost. It’s a nice way to prevent Insurance cancellations.