In the event of a refund due to an incorrect transaction or cancellation, the premium paid for an insurance product will be repaid through cheque or direct credit according to the policy of the Insurance provider from whom you purchased the product.
In the event of a cancellation, the premium paid for an insurance product will be returned through cheque or direct credit according to the policy of the Insurance provider from which you purchased the product.
To cancel the insurance, you do not need to return the copy of the policy documentation you received.