Co-Op Young Driver's Cancellation Policy

Overview of Co-Op Young Drivers

Co-op Young Drivers is a car insurance provider that specifically caters to young drivers aged 17-25. The company offers a variety of insurance plans to suit the needs of different drivers, including those who may have just started driving or those who have been driving for a while. Co-op Young Drivers aims to make it easier for young drivers to get the insurance they need without having to worry about expensive premiums.

Co-Op Young Drivers Cancellation Policy

Co-op Young Drivers has a cancellation policy that allows customers to cancel their policy at any time. Customers can cancel their policy for any reason, including if their circumstances have changed or if they find a better deal somewhere else. Customers will be refunded any payments they have made, minus any applicable cancellation fees. If a customer needs to cancel their policy, they should contact Co-op Young Drivers as soon as possible.

Cancellation Fees

When customers cancel their policy, they will be charged a cancellation fee. The amount of the fee will depend on how long the customer has been insured with Co-op Young Drivers. Customers who have been insured for up to 6 months will be charged a fee of £25. Customers who have been insured for more than 6 months will be charged a fee of £50. Customers should also be aware that any refunds they receive may be subject to fees as well.

Refunds

Customers who cancel their policy will be refunded any payments they have made, minus any applicable cancellation fees. Refunds will be made within 14 days of the customer's cancellation request. The customer's refund may be subject to fees as well, such as a processing fee, so customers should be aware of this when cancelling their policy.

Additional Information

When cancelling a policy with Co-op Young Drivers, customers should be aware that any additional benefits they have received as part of their policy may become invalid. This includes any discounts or special offers that the customer may have received. Customers should also be aware that any claims they have made in the past may not be refunded, as these claims will have been taken into account when calculating the customer's refund.

Summary

Co-op Young Drivers allows customers to cancel their policy at any time. Customers will be refunded any payments they have made, minus any applicable cancellation fees. When cancelling their policy, customers should also be aware that any additional benefits they have received may become invalid and that any claims they have made may not be refunded.