If I cancel my insurance policy, is the premium I paid refunded?
If the contract ends before its term, the portion of the premium corresponding to the unexpired period is generally refunded to the insured.
This answer is provided for general informational purposes and does not constitute legal advice. Consult a lawyer for an assessment specific to your situation.
Frequently Asked in This Area
- How is a compensation claim initiated after a traffic accident?
- What can be done if the insurance company rejects the claim?
- Is there a fee for applying to the Insurance Arbitration Commission?
- Which insurance applies in a traffic accident?
- What happens if the insurer fails to conclude my claim file on time?