This article provides tips, thanks to which everyone will understand how to properly terminate the insurance contract and return the money paid.
It is necessary
- Remember, any insurance contract can be terminated and the rest of the insurance premium refunded. For termination, you must provide justification. For example, when selling a car, a purchase and sale agreement or TCP is suitable, that the car is sacred to the accounting.
- In order to return the money upon termination of the insurance contract, you must:
Instructions
Step 1
Contact the office of the insurance company and fill out an application. You must have an insurance policy and a passport with you. Remember, only the one who signed it can terminate the contract!
Step 2
Indicate the details for the transfer in the application. This option is the most convenient, since you do not need to reapply to the insurance company in order to receive the unused balance of the insurance.
Step 3
Ask your insurance manager to calculate the amount to be refunded. Be aware that a refund is subject to an amount in direct proportion to the remainder of the unused days, minus the cost of running the case.
Step 4
Ask for a certified copy of your application. This will serve as a guarantee that you applied and provided the necessary package of documents for termination.
Step 5
Clarify the exact timing of the transfer of funds.
Step 6
Remember, if the company does not pay for a long time, you can go to court. In this case, a statement certified by a company employee is useful.
