#FlatCancellation refers to the cancellation of an #insurancepolicy as of its effective date, with all premiums paid being refunded to the policyholder. This means that the policy is essentially nullified from the start, as if it never existed.

Flat cancellations are typically allowed within a certain period after the policy’s effective date, often referred to as the “free look” period. This period allows policyholders to review the terms and conditions of the policy and decide if they want to keep it.

Do you have any specific questions about flat cancellations or how they might apply to your insurance policy?

Sincerely,

Harpreet Singh, Most lovable ❤️ Insurance Broker in Ontario

Phone – 6476217890

Email – insurancechampion@outlook.com

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