2. Transfer of the policy
If during the period of insurance you privately sell your vehicle to a person other
than a motor vehicle dealer, cover under your policy will continue with the new
owner, provided that:
a. you complete the transfer form contained in the back of this policy document
in accordance with the instructions provided; and
b. the person named in the transfer form as the new owner observes all the
terms and conditions of your policy.
3. Cancellation rights under the policy
a. In addition to your cooling off rights, you may cancel the policy or any part of
the policy at any time by notifying us in writing. If the policy has been issued
to more than one person each person must sign the notice.
b. We have the right to cancel this policy where permitted by law. For example,
we can cancel:
• if you have failed to comply with your duty of disclosure, or
• where you have made a misrepresentation to us during negotiations prior
to the issue of this policy, or
• where you have failed to comply with a provision of your policy,
including the term relating to payment of premium, or
• where you have made a fraudulent claim under your policy or under
some other contract of insurance that provides cover during the same
period of time that our policy covers you.
c. If you or we cancel the policy we may deduct a pro rata proportion of the
premium for time on risk, reasonable administrative costs related to the
acquisition and termination of the policy and any government taxes or duties
we cannot recover.
d. No refund will be provided if an incident has occurred which may rise in a
claim.
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