TERMS & CONDITIONS
Where a policy is cancelled mid-term before the period of insurance has ended, we will usually retain our fees and commission on any return premium involved. In some cases insurers may also apply minimum premiums to policies, which may further reduce the refund that you might otherwise receive.
If you pay-by-the-month there may be an additional instalment drawn from your nominated account after the cancellation date for any outstanding premium, fees and commissions.
If you have a premium funding loan contract your monthly funder may charge the full interest on the contract and an early termination fee, as detailed in the Loan Application Form. The return premium from the insurer will be sent through to the above details less any outstanding premium, fees and commissions charged on the policy.