What is the cancellation policy for XL Group policies?

The cancellation policy for XL Group policies allows policyholders to cancel their coverage at any time. If cancellation occurs within the first 14 days of the policy's effective date, a full refund of the premium paid will be granted, provided no claims have been made. After this period, a pro-rata refund will be issued based on the unexpired portion of the policy, minus any applicable fees or charges. Policyholders need to send a written request to initiate the cancellation process. It is important to note that some policies may have specific cancellation provisions or contractual obligations that could affect the refund amount or cancellation terms. As such, policyholders are encouraged to review their policy documents or consult with an XL Group representative for accurate and detailed cancellation information specific to their coverage.