You can cancel your policy at any time. But remember your policy is relevant at the time of the claim against you, not when the work was done. Because we can’t predict when or if these claims will happen it’s a good idea to always have cover.
If you wish to cancel, please send this in writing by emailing email@example.com. Please include your policy number, the date you’d like the cancellation to take place, the reason for cancellation and your bank details for the EFT refund, if applicable.
When you submit your written cancellation notice the commission and fees paid to BizCover are not refunded to you. The insurers will retain the proportion of the premium calculated pro rata as of the cancellation date as well as a percentage of that amount. There may be other cancellation provisions, depending on the insurer.
2018-11-14T15:31:05+11:00By Liz Walden|Comments Off on Can I cancel my policy?
These business insurance products are distributed by BizCover Pty Ltd (ABN 68 127 707 975, AFSL 501769) and promoted by WaldenWood Group Pty Ltd (ABN 53 093 501 538, AFSL 278954). If you choose to buy a product as a result of a referral we will receive a fee. BizCover acts as an agent of the insurers in respect of the insurance products offered on the website and not as your agent. Any advice does not consider your individual needs. You should consider if the insurance is suitable for you and ensure you understand the full details of any product you are interested in purchasing (including inclusions and exclusions), by carefully reading the Product Disclosure Statement or policy wording before buying the insurance. This information is provided as a guide only and if you have any questions please do not hesitate to ask your advisor or BizCover.;