If you do not want your company to claim, even legally, the payment of your insurance premium, you must cancel the policy correctly within the period established by the Insurance Law.
What is the deadline to cancel a policy?
To cancel a policy, you must inform the insurer of your intention not to renew it, at least one month before the expiration of the contract. The term is 30 calendar days, so the cancellation must be reported on the same day of the month that precedes the expiration month. If you do not do so, the company can claim payment of the receipt, even judicially depending on the amount of the receipt, or include it in delinquency files.
How can I cancel a policy?
In addition to the established period of 30 calendar days, We advise that the communication be made in writing, through some means that leaves a record of the communication. If your policy is contracted with Canarisk, we take care of managing the cancellation of your policy. Too You can request the cancellation of your policy on our website.
Can the company void my policy?
The company can unilaterally cancel the insurance contract that it has signed with you. In order to cancel the policy, The company must notify the insured of its intention not to renew the policy two months before its expiration date.