Common use of Cancellation Procedure Clause in Contracts

Cancellation Procedure. 1. YOU may cancel this CONTRACT at anytime. All cancellation requests made within thirty (30) days of the purchase date of the CONTRACT will be eligible for a full refund.

Cancellation Procedure. 1. YOU may cancel this CONTRACT at anytime. All cancellation requests made within thirty sixty (3060) days of the purchase date of the CONTRACT will be eligible for a full refund, less claims paid. An administrative fee shall be charged not to exceed 5 percent of the gross premium paid by YOU.