You can cancel your LV= (Liverpool Victoria) insurance policy by calling their customer service telephone lines directly. If you cancel within the initial 14-day statutory cooling-off period, you will receive a refund minus a pro-rata charge for days covered and a small setup fee. Cancelling outside this window without making any claims incurs a standard cancellation fee (such as £40 for car insurance), while policies with active claims filed during the term typically do not qualify for any premium refunds.
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