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VHI introduces cancellation fees

NuMarvel · 2011-05-27 10:47:31

From today's Irish Times: So it appears that VHI's approach to competition is.... charge 'em! This is only applicable to customers who join or renew from 1st June 2011* (as per Rule 5a of their June 2011 rule book). So if you renew later in the year and switch before your renewal, they can't apply this rule as it wasn't…

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#32 23-10-2013 12:55am
wmpdd3

Registered Users Posts: 9,624 ✭✭✭

Join Date: February 2007

Posts: 9434

There could be some serious consequences of this, I think if you are insured by 2 companies that they are both liable for the claims, but only be half. So if GLO find out you were insured by VHI they may claw back some of the claim.

I've only heard of this happening with car insurance though.

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#33 23-10-2013 8:04pm
caitrionaanne

Registered Users Posts: 75 ✭✭

Join Date: September 2005

Posts: 59

I think you are correct wmpdd3. There is something with that when a person is dual insured.

Rickjames16 - i think the €250 you mentioned they were charging is probably a breach of contract fee. A friend of mine had a similar issue recently and it was all in the T&C's. I think all the health insurers charge for breach of contract AFAIK. What you paid so far would be towards cover. Its not ideal. I know my friend got shock of their lives with it!

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