What is the notice period if I want to cancel my policy?

Below is an excerpt from the MiWay policy documentation regarding cancellations.

Policy changes and cancellation
Any change or cancellation, which I make, will be effective from the time and date agreed to. MiWay may change or cancel my policy by giving me 30 days notice. MiWay may give me notice verbally, electronically, by fax or by post to my last known address. For cancellations I must also take into consideration “Payment not received” and “Deliberate or fraudulent acts”.

Refunds when my policy gets cancelled
If I cancel my policy before the end of the stated period of insurance, MiWay will refund the proportionate amount of my premium for the remaining period to me, less any administrative costs.

If a premium has been paid for any period beyond the date of cancellation of this policy, MiWay will refund the relevant portion.

Car Insurance Additional Information

MiWay offers flexible car insurance to cover losses primarily due to an accident or theft.
In addition to accident or theft, comprehensive car insurance in South Africa covers losses due to fire and explosion, natural disasters like hail and floods and damage to the vehicle’s glass.
Additional options such as car hire and cover for non-standard sound systems and car accessories can also be added to your car insurance policy.

Car Insurance is sometimes referred to as Vehicle Insurance or Motor Insurance.

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MiWay Insurance Limited is an Authorised Financial Services Provider (Licence number:33970).