Insurances cancellation

Do you want to cancel Your contract? You can do that via Moneytoring.com. When you cancel your subscription via our website, it will cost you little time and effort. Below, you can read how to use Moneytoring.com in 6 steps.

Step 1: Find the organization you want to cancel.

Cancelling a subscription via Moneytoring.com starts with finding the right organization. To complete this, simply type the name of the organization You're looking for in the search field on the Homepage. Does the name appear on the screen? Click on it, and You will be redirected to the correct page.

Step 2: Fill in your details

As soon as you have landed on the right page of the organization You're looking for, enter your details in the template on the left side. To be able to cancel your contract, You need to fill out the required fields in the template. At least your name, address, postal code, place of residence, date of birth and e-mail address.

Step 3: Whether or not to delete personal data?

Below the fields with data you can select the box 'Delete my personal information'. If you choose this option, Moneytoring.com will include a request to delete personal data in the cancellation letter.

Step 4: Choose a shipping method

In some organizations, you can only cancel via standard shipping or a registered letter, but occasionally, you can also decide from one of the two options. Do you opt for a registered letter? Then you benefit from the Moneytoring.com 100% cancellation guarantee.

Step 5: Sign your cancellation letter

After you have completed the above four steps, your cancellation letter is ready. It is now only a matter of signing it. To do this, click in the box containing the blue pencil, under "Sincerely." A window will then appear in which you can add your signature.

Step 6: Send your cancellation letter

Do you use Moneytoring.com sending service? Then click on 'Send my cancellation' after you have completed all the steps. If you want to send the cancellation letter yourself, click on the download symbol at the bottom right of the letter. You can download your cancellation letter for free. In that case, please keep in mind that you are responsible for sending the letter. Moreover, you will not benefit from our 100% cancellation guarantee if you do not use our service.

Cancelling an insurance policy can be a hassle. Although many people are not aware of this, they have to adhere to it. When you took out the insurance, you agreed to the terms and conditions. To avoid surprises, here is some useful information for cancelling an insurance policy.

Insurance may not be tacitly renewed

Where subscriptions to lotteries, charities, newspapers and magazines and fitness and gyms are often tacitly renewed, this does not happen with insurance. It is not allowed to tacitly extend a non-life insurance policy. As a result, you may think that an insurance policy will automatically expire when the contract period ends, but that is not the case. You have to cancel an insurance yourself if you want to get out of it.

Is your insurance policy about to expire? Then the insurer will inform you. They often make you an offer to extend your insurance for a year, for example. Are you not doing anything about this? Then the insurance will continue after the contract period. This is done to prevent that you as a private individual are not (properly) insured. Because customers are informed in advance about an extension, we also refer to insurance policies as an informed renewal.

Notice period differs per insurer

Those who want to cancel a contract or subscription often have to deal with a notice period. This is also possible with insurance, but it is not necessary.

Cancel insurance during reflection period

Do you take out insurance online? Then you make a purchase remotely. The right of withdrawal applies to these types of purchases. This means that you are entitled to a reflection period of 14 days. Do you regret it within 14 days after taking out your insurance? Then you can cancel the insurance. There are no costs involved and you do not have to give a reason for cancellation. If you have already submitted a claim within these 14 days, you can often no longer invoke the right of withdrawal.

Cancel car insurance when selling

Everyone who owns a car is legally obliged to take out insurance for it. Have you decided to sell your car after a few years? Then you can cancel your car insurance. In that case, it does not matter where you took out the insurance, cancellation is necessary if you have sold the vehicle. After all, the car is no longer in your name, so you are no longer responsible for the insurance. Most insurers allow you to cancel a car insurance policy without notice. This way you never pay unnecessary premiums for a car that is no longer your property.