Fire insurance policyholders can notify us in writing by email to cancel the policy, and the cancellation date of the policy will be based on the actual date we receive the aforementioned written request.
We will calculate the refundable premium based on the table below; if the calculated refundable premium results in us charging less than HKD400, we will charge a minimum premium of HKD400 and only refund the portion exceeding HKD400.
Period Covered (not exceeding) Premium Refund
1 month 90%
2 months 80%
3 months 70%
4 months 60%
5 months 50%
6 months 40%
7 months 30%
8 months 20%
9 months 15%
10 months 10%
11 months 5%
Over 11 months 0%