Cancellation Right. If you take out a personal policy through us which lasts for more than one calendar month, you may cancel the cover up to 14 days from the later of: • The policy start date or the date you receive full policy documentation from us, or • The renewal date or the date you receive full renewal documentation from us or your insurers You will be informed if you have such a Cancellation Right in separate documentation. Should you decide to exercise the Cancellation Right you will be entitled to a full refund of premium unless a claim has been submitted. If the premium has not been paid, a charge may be made for the period of cover given prior to the exercise of the Cancellation Right. Should any claim occur prior to the exercise of the Cancellation Right where the claim terminates the insurance cover, your insurers may not allow a refund of any of the premium paid. If this Cancellation Right is not exercised within the 14-day period as stated above, and you decide to cancel the policy at a later date, the amount of any premium refund will depend upon the cancellation terms of your insurance policy. To exercise the Cancellation Right you should contact us at our normal address or your insurers at the address shown on your policy.
Appears in 2 contracts
Samples: Terms of Business Agreement, Terms of Business Agreement
Cancellation Right. If you take out a personal policy through us which lasts for more than one calendar month, you may cancel the cover up to 14 days from the later of: • The policy start date or the date you receive full policy documentation from us, us or your insurers. • The renewal date or the date you receive full renewal documentation from us or your insurers insurers. You will be informed if you have such a Cancellation Right in separate documentationthe insurance documentation that we send to you. Should you decide to exercise the Cancellation Right you will be entitled to a full refund of premium unless a claim has been submittedless an appropriate pro rata charge for the period of cover given before the Cancellation Right was invoked. If the premium has not been paid, a charge may be made for the period of cover given prior to the exercise of the Cancellation Right. Should any claim occur prior to the exercise of the Cancellation Right where the claim terminates the insurance cover, your insurers may not allow a refund of any of the premium paid. If this Cancellation Right is not exercised within the 14-day period as stated above, and you decide to cancel the policy at a later date, the amount of any premium refund will depend upon the cancellation terms of your insurance policy. To exercise the Cancellation Right you should contact us at our normal address or your insurers at the address shown on your policy.
Appears in 1 contract
Samples: Terms of Business
Cancellation Right. If you take out a personal policy through us which lasts for more than one calendar month, you may cancel the cover up to 14 days from the later of: • The policy start date or the date you receive full policy documentation from us, us or your insurers • The renewal date or the date you receive full renewal documentation from us or your insurers You will be informed if you have such a Cancellation Right in separate documentation. Should you decide to exercise the Cancellation Right you will be entitled to a full refund of premium unless a claim has been submittedless an appropriate pro rata charge for the period of cover given before the Cancellation Right was invoked. If the premium has not been paid, a charge may be made for the period of cover given prior to the exercise of the Cancellation Right. Should any claim occur prior to the exercise of the Cancellation Right where the claim terminates the insurance cover, your insurers may not allow a refund of any of the premium paid. If this Cancellation Right is not exercised within the 14-day period as stated above, and you decide to cancel the policy at a later date, the amount of any premium refund will depend upon the cancellation terms of your insurance policy. To exercise the Cancellation Right you should contact us at our normal address or your insurers at the address shown on your policy.
Appears in 1 contract
Samples: Terms of Business Agreement