If you exercise your statutory right to cancel your insurance policy within 14 days (please refer to the terms of your policy for full details) then any instalments you have already paid will be refunded to you in full provided that you have not made a claim. If you have made a claim, you will only be entitled to a refund of the difference (if any) between the instalments you have paid and the value of any claim(s) paid.
There are no cancellation fees payable under this instalment plan. If you cancel your policy, other than in the circumstance mentioned above during the cooling off period, no refund of premium will be due to you. If you cancel your policy, this instalment plan will also end.