Cancelling your apple iPhone insurance is relatively straightforward and most of the policies will allow you to cancel anytime. To cancel phone insurance you need to speak directly with the insurer and then ensure you have your policy number. Every insurance policy differs but in general most of the main insurers operating the following terms and conditions.
How to cancel phone insurance?
If you cancel within the first 14 days after you receive your insurance documents then you will receive a full refund. After the first 14 days, the insurer will cancel the insurance at the end of the most recent insurance period. If you have paid your monthly premium on the 1st January then you have to contact them to cancel on the 15th January. The insurer will set the policy to cancel on the 31st January and collect no further premium amount.
Can I cancel my phone insurance policy?
If you pay your premium on a monthly basis your insurance policy will be cancelled at the next monthly anniversary of the date. There will be no refund of the premium amount due as the premium paid will have been in respect of the cover received. If a claim made by you then it will not refund any premium and you have to pay the remaining annual premium. If you cancel the direct debit then this will not mean that you have cancelled your policy.
If you pay your insurance premium amount annually then providing no claim under the insurance you will receive a refund of premium based on the unused period of cover under the insurance. Apple iPhone insurance claim has been made and cancel your cover but not refund any premium.
Cancel the iPhone insurance by giving you 30 days notice in writing there is a valid reason for doing. A cancellation letter will be sent to you at your known address. The valid reasons are given here.
- There will be non-payment of premium
- Threatening and abusive behaviour
- Non-compliance with insurance policy terms and conditions
If your premium is paid annually then refund the premium amount relating to the remaining period of insurance on the basis. There will be no refund of the premium amount allowable if you are paying your annual premium monthly. Many of them will not realise that they will get their phones insured.