Cancel Your Policy Form

    Cancel your policy

    Need to make changes? Here is a step by step guide to cancelling your policy with ease. Please use the form below to request cancellation of your policy or policies.

    To submit a policy cancellation request please use the form below. Be sure you are aware of the terms and conditions of cancelling before submitting the request.

    Important information

    Important: Please note we retain our fees and commissions upon cancellation of your policy. The return premium from the insurer will be sent to your monthly funder to reduce the balance of your monthly funding agreement. Your monthly funder may charge the full interest on the contract and an early termination fee. The return premium from the insurer will be sent through to the above details less any outstanding premium, fees and commissions charged on the policy. Some insurers charge a minimum premium which can further reduce the return premium.

    Monthly funding cancellation: Should the insurance policy be cancelled before the expiry date for any reason, the premium funder will charge you the full interest applicable to the contract as detailed in the Loan Application Form. Typically there will be no refund of our commission on the refund premium and no refund of any fee we may have charged you for arranging the cover. We also reserve the right to charge you a policy cancellation handling fee.

    In some cases insurers also apply minimum premiums to policies which may further reduce any refund you receive. The refund you receive for mid term cancellation will usually be significantly less than a pro rata calculation and may in some cases require an additional final payment even after cancellation. Before cancelling a policy and replacing it with another cover we recommend that you discuss your situation with us so we can advise the exact extent and impact of the early cancellation provisions.

    Authorisation

    Please sign before submitting to confirm that you wish to cancel the policy or policies listed above and that you have read and understood the important information and cancellation conditions.

    Contact

    1300 003 555

    Office Address

    Suite 1263, Level 1
    241 Adelaide Street
    Brisbane QLD 4000

    Postal Address

    PO Box 3212
    Yeronga QLD 4104

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      Contact

      1300 003 555

      Registered Office (for correspondence)

      Suite 1263, Level 1
      241 Adelaide Street
      Brisbane QLD 4000

      Postal Address

      PO Box 3212
      Yeronga QLD 4104

      Newsletter

        Socials

        Vimcover-landscape

        Important Note:

        Insurance broking services are administered by VIM Cover Pty Ltd ABN 84 664 655 449 as a Corporate Authorised Representative (CAR 001304833) of Oracle Group (Australia) Pty Ltd AFSL 363610. The information provided is of a general nature and does not take into account your objectives, financial situation, or needs. You should consider whether it is appropriate for your circumstances and read the relevant Product Disclosure Statement (PDS) and Target Market Determination (TMD) before deciding.

        Finance broking services are administered by VIM Capital Pty Ltd ABN 26 690 516 879 as a Credit Representative (CRN. 573144) of MRFHI Pty Ltd ACL No. 476270. We are authorised to provide credit assistance and intermediary services for commercial and asset finance products. Your full financial situation will need to be reviewed prior to any offer or acceptance of a loan product. VIM Capital provides services in accordance with the National Consumer Credit Protection Act 2009 (Cth). VIM Capital Pty Ltd is a member of the Australian Financial Complaints Authority (AFCA), Membership No: 118117