Cancelled insurance refund query

Cancelled insurance refund query

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Wildfire

Original Poster:

9,790 posts

253 months

Monday 12th November 2018
quotequote all
Quick one, my brother wants to do a major restoration on his bike and as such is going to declare SORN.

He rang his insurer today and asked about cancelling the policy. He has 8 month left and paid up front. They have said that he can cancel but he isn’t entitled to any refund and must pay an admin fee for doing so.

Surely this can’t be right?

Are there policies with small print that allow this?

Wildfire

Original Poster:

9,790 posts

253 months

Wednesday 14th November 2018
quotequote all
Thanks to all those who posted helpful stuff.

He’s just going to let it run as it’s turns out that he will end up paying the admin fee to cancel it, so be out of pocket.

Cheers