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Thread: Cancel my car insurance

  1. #1
    PolicyWala NewBie
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    Question Cancel my car insurance

    I have sold my car - Santro - 2003 model, how do I cancel my car insurance policy with insurance company? Do I get some refund for unused period?




  2. #2
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    To cancel your policy, you will need to return your current Insurance Certificate of Insurance to the insurer. After getting the request the insurer will cancel your car insurance cover and give you a proportionate refund on your premium (subject to no claim).
    Anything dropped on the floor will roll over to the most inaccessible corner.

  3. #3
    PW Stalwart Master's Avatar
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    Quote Originally Posted by Vibs1978 View Post
    Do I get some refund for unused period?
    Reproducing Confused answer on the same -
    Unused premium would be refunded depending upon the following circumstances -
    1. If the insurance cover was continuous for 12 months or more, the Premium to be refunded on pro-rata basis subject to no claim made on the policy.
    2. If the cover is not continuous, the Premium is to be retained on short period basis and the balance to be refunded.
    3. It should be noted that in the event of cancellation of cover, premium should be refunded only if there has been no claim under the policy.

  4. #4
    PolicyWala NewBie
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    Quote Originally Posted by Contractor View Post
    To cancel your policy, you will need to return your current Insurance Certificate of Insurance to the insurer. After getting the request the insurer will cancel your car insurance cover and give you a proportionate refund on your premium (subject to no claim).
    Quote Originally Posted by Master View Post
    Reproducing Confused answer on the same -
    Thanks a lot guys for helping me out.

  5. #5
    PolicyWala Fan
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    Quote Originally Posted by Vibs1978 View Post
    I have sold my car - Santro - 2003 model, how do I cancel my car insurance policy with insurance company? Do I get some refund for unused period?
    You may cancel your motor insurance policy at any time by notifying your insurance company in writing, inclusive of the date you want to stop the policy.


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