Thread: Insurance
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Old 12-06-2012, 07:12 AM
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Quote:
Originally Posted by rexcited View Post
With the weather that's 'suppose' to come through tonight I have a question if anyone works in insurance. I only just purchased the GC8 an literally insured it yesterday, upon completion I noticed there is a '28 day cooking off period'. Does this mean if my car gets hit today, I'm not covered? Or just I have that long to cancel contract.
If no one on here is able to help I will just reluctantly call up an sit on hold for a hour or so.
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The 28 day "cooling off" period is a safeguard whereby you can get out of the contract if you so desire. For all intents and purposes, the insurance company and yourself have an agreement unless you decide otherwise (usually in writing) within the cooling off period.
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