Cancelled insurance refund query
Discussion
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?
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?
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