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Policy Cancellation during insurance year

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  • 12-01-2015 1:37pm
    #1
    Registered Users Posts: 135 ✭✭


    I am about to Cancel my policy that im four months into, I understand I will loose this year ncb but  as I pay by dd what money will I owe when I cancel 


Comments

  • Company Representative Posts: 163 Verified rep Liberty Insurance: Una


    [font=ArialMT", "sans-serif]Hi BrianD[/font]



    [font=ArialMT", "sans-serif] [/font]

    [font=ArialMT", "sans-serif]We’re sorry to hear you are thinking of cancelling your policy. [/font]



    [font=ArialMT", "sans-serif] [/font]

    [font=ArialMT", "sans-serif]You can cancel the policy at any time by writing to us and returning the certificate of insurance and disc.[/font]



    [font=ArialMT", "sans-serif] [/font]

    [font=ArialMT", "sans-serif]If you are cancelling your policy in the first year of insurance after the first 14 days of cover, we will work out your premium based on our cancellation rates as shown in your policy booklet. Depending on how many months you are on cover, a certain percentage of the annual premium is charged.[/font]



    [font=ArialMT", "sans-serif] [/font]

    [font=ArialMT", "sans-serif]If your policy has renewed, we will work out your time on cover on a daily basis, less an administration fee of €50. Full details are provided in your policy booklet.[/font]



    [font=ArialMT", "sans-serif] [/font]

    [font=ArialMT", "sans-serif]If you PM me your details we would like to give you a call to discuss this further.[/font]



    [font=ArialMT", "sans-serif] [/font]

    [font=ArialMT", "sans-serif]Regards[/font]



    [font=ArialMT", "sans-serif] [/font]

    [font=ArialMT", "sans-serif]Una[/font]

    Brian.D wrote: »
    I am about to Cancel my policy that im four months into, I understand I will loose this year ncb but  as I pay by dd what money will I owe when I cancel 


  • Registered Users Posts: 135 ✭✭Brian.D


    Hi BrianD



     

    We’re sorry to hear you are thinking of cancelling your policy. 



     

    You can cancel the policy at any time by writing to us and returning the certificate of insurance and disc.



     

    If you are cancelling your policy in the first year of insurance after the first 14 days of cover, we will work out your premium based on our cancellation rates as shown in your policy booklet. Depending on how many months you are on cover, a certain percentage of the annual premium is charged.



     

    If your policy has renewed, we will work out your time on cover on a daily basis, less an administration fee of €50. Full details are provided in your policy booklet.



     

    If you PM me your details we would like to give you a call to discuss this further.



     

    Regards



     

    Una

    Brian.D wrote: »
    I am about to Cancel my policy that im four months into, I understand I will loose this year ncb but  as I pay by dd what money will I owe when I cancel 
    Pm sent, I would love not to cancel as have been with ye for over ten years, but I don't think Ive any choice


  • Registered Users Posts: 135 ✭✭Brian.D


    Hi Una thanks for getting back to me yesterday, I sent another pm there cheers


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