Augusta
VIP Contributor
As a policy holder of any insurance policies your policy with the insurance company can be cancelled if you default in any of these ways.
You are not paying your premium. When once you are not forth coming with your payment then it an Express way to getting your policy cancelled by the insurance company.
Your policy with insurance company can be cancelled if your present policy no longer cover your present needs. You. Might need a bigger insurer for your situation then a bigger coverage might be provided for you which will need you paying higher premium
Thirdly, if you alter a part of your policy without letting your insurer know about it can bring a cancellation. Especially if the change comes with an impact that can't be handled by the insurance company
So what other factors can make an insurance company cancel a policy?
You are not paying your premium. When once you are not forth coming with your payment then it an Express way to getting your policy cancelled by the insurance company.
Your policy with insurance company can be cancelled if your present policy no longer cover your present needs. You. Might need a bigger insurer for your situation then a bigger coverage might be provided for you which will need you paying higher premium
Thirdly, if you alter a part of your policy without letting your insurer know about it can bring a cancellation. Especially if the change comes with an impact that can't be handled by the insurance company
So what other factors can make an insurance company cancel a policy?