Neil G. McDonald Ltd.
3800 Steeles Ave West, Suite 201E,
Woodbridge, Ontario L4L 4G9
Woodbridge, Ontario L4L 4G9
Phone |
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Hours
Mon-Fri 9-4:30 EST
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The cancellation by the insured of a policy before its intended expiration. The insurance company pays a return premium that is less than the amount that actually remains unearned. In this way the policyholder has paid a penalty for a mid-term cancellation.
