Fincrew Refund Policy

I.Customer's motor insurance/takaful may be cancelled at any time by giving a written notice to us. Upon cancellation, the customer is entitled to a refund of the premium/contribution based on short-period rates provided that the customer has not made a claim. The rates are as follows :

Period of Insurance/Takaful	Refund of Premium/Contribution
Not exceeding 1 week	87.50% of the total premium/contribution
Not exceeding 1 month	75.00% of the total premium/contribution
Not exceeding 2 month	62.50% of the total premium/contribution
Not exceeding 3 month	50.00% of the total premium/contribution
Not exceeding 4 month	37.50% of the total premium/contribution
Not exceeding 6 month	25.00% of the total premium/contribution
Not exceeding 8 month	12.50% of the total premium/contribution
Exceeding 8 months	No refund of premium/contribution allowed

II.For matters of refund and cancellation, all written notice must be sent to FINCREW (admin@fincrew.my) and will thereafter be forwarded to the Insurer / Takaful Operator. The Insurer / Takaful Operator will process the request for cancellation and will be the party responsible for the refund.

III.The Insurer / Takaful Operator may also cancel this Policy by giving the customer fourteen (14) days’ notice in writing by registered post to the customer’s last address known to FINCREW (admin@fincrew.my). The customer will be entitled to a refund of premium/contribution if no claim was incurred prior to cancellation. Your refund will be the difference between the total premium/contribution and the customary short period rates provided above as calculated for from the time the Insurer / Takaful Operator were is on risk until the date of cancellation. This clause Policy may only apply to certain Insurer / Takaful Operator, subject to the final terms and conditions of the insurance/takaful product offered by your selected the Insurer(s) / Takaful Operator(s).