If you decide within the first 14 days of taking out this policy that this policy does not meet your requirements, you may cancel this policy and, provided that no claim has been made, receive a full refund of your premium. After 14 days, you may cancel the insurance by giving us 30 days’ notice in writing of your intention to do so. We may also cancel the insurance by giving you 30 days’ notice in writing of our intention to do so. The refund of premium is calculated on a PRO RATA basis. We repay commission (currently 25% of Net premium) on the amount of refund to the Insurer and this will be deducted from the final amount refunded to you. A minimum refund premium of £10.00 will apply.