I can cancel my insurance at any time
Nearly correct
Since the Hamon Act of 2014, it is possible to cancel your car, motorcycle, home and affinity insurance (for example insurance for smartphones) at any time, but after the first anniversary of the conclusion of the contract.
A provision which, since 2020, also applies to supplementary health insurance. This termination can be done free of charge and without reason. Some digital players even allow cancellation without waiting a year.
I must cancel by registered letter
False
Until recently, of course, termination had to be in writing, at best by sending an e-mail. Since 1eh June 2023 in accordance with the law “implementation of emergency measures to protect purchasing power”, the procedure has been extremely simplified.
We are now talking about “cancellation in 3 clicks”, which can be done on the insurance company’s website. The first click allows you to cancel by filling in the requested information; the second click summarizes your request and reminds of the termination conditions and consequences; the third click validates your request.
My resignation will not take effect immediately
RIGHT
It shall enter into force one month after the receipt of the request. Therefore, the insurance company must reimburse you the part of the premium that corresponds to the period when the risks are no longer guaranteed.
This repayment must be made within thirty days of the date of termination.
Stopping my contributions is a termination on my part
False
This is actually a very bad idea. In case of non-payment of your premiums, the insurance company has the right to suspend your contract and then terminate it.
What’s more, not only will you be required to pay these premiums, but you may be subject to prosecution and recovery costs. Furthermore, any losses that occur during the suspension period of the contract will not be covered.
The sale of my insured property entails termination
False
Whether it is the sale of your vehicle or your home, you must inform your insurance company in advance so that your contributions can stop the day after the day of the sale.
Please note that your contract can also be transferred to the buyer or to your new property, or even be suspended pending a new occupation.
My insurance company can also cancel my contract
RIGHT
Your insurance company can terminate your contract on the expiry date without reason. However, he must inform you at least two months in advance via email, so that you have time to find a new insurance policy.
He can also do it for non-payment of the premium, false statement, aggravation of the insured risk or even after a loss if such a clause exists in your contract.
