Cancellation rights in connection with the Mergers
If you are an existing policyholder of ACS or AXA ART, you may have the right to cancel your policy as a result of the Mergers should you wish to exercise that right.
Please consult the table of countries below to determine whether cancellation rights are available under the laws relevant to your policy.
A country's laws will be relevant to your policy if you satisfy any of the criteria listed in the middle column of the below table. Generally, a country will be relevant to you if you have an insured risk in any of the below countries. For property insurance, this would mean the country within which the property is located and, for vehicle insurance, the country within which the vehicle is registered. If the above does not apply to you however, you may have termination rights based on the country within which you are resident. If you have any questions, please refer to "Further Information Section".
Please note that the cancellation rights specified below are your cancellation rights in connection with the Merger only. They are separate and additional to any cancellation rights you may have under the terms of your policy.
|
Country |
This country will be relevant to you, if you satisfy any of the below criteria: |
What cancellation rights are available? |
|---|---|---|
|
Austria |
Your policy covers risks insured in Austria |
No cancellation rights are available under Austrian law |
|
Belgium |
Your policy covers risks insured in Belgium |
No cancellation rights are available under Belgian law |
|
Bulgaria |
Your policy covers risks insured in Bulgaria
|
On 10th January 2020, AXA published notice of completion of the Mergers on its website and in two daily Bulgaria newspapers. 1. 24 Chases 2. Trud You have the right to cancel your policy within 60 days of the date of publication of the notice. |
|
Croatia |
Your policy covers risks insured in Croatia |
No cancellation rights are available under Croatian law |
|
Cyprus |
Your policy covers risks insured in Cyprus |
No cancellation rights are available under Cypriot law. |
|
Czech Republic |
Policies with insured property located in Czech Republic |
All policyholders should have received individual letters giving notice of the Mergers Once you have received this letter, you will have one month within which to cancel your policy A copy of the policyholder letter you will have received is here 1. ACS - w/Cancellation rights
2. AXA Art - w/Cancellation rights If you have any questions, please contact us using the contact details here. |
|
Denmark |
Your policy covers risks insured in Denmark |
No cancellation rights are available under Danish law |
|
Estonia |
Your policy covers risks insured in Estonia |
No cancellation rights are available under Estonian law |
|
Finland |
Your policy covers risks insured in Finland
|
On 9th January 2020, AXA published notice of the Mergers in the Helsingin Sanomat and on 2nd February 2020, the Finish Official Gazette (Virallinen Lehti). Policyholders have the right to cancel their policies within three months of the publications. If you have any questions, please contact us using the contact details here. |
|
France |
Your policy covers risks insured in France
|
On 29 December 2019, notice of the ACS merger was published in the French Official Gazette. Policyholders have the right to cancel their policies within one month of the notice being published. If you have any questions, please contact us using the contact details here. |
|
Germany |
The governing law of your policy is German |
No cancellation rights are available under German law. |
|
Greece |
Your policy covers risks insured in Greece |
No cancellation rights are available under Greek law. |
|
Hungary |
Your policy covers risks insured in Hungary
|
AXA has sent policyholders individual letters giving notice of the Mergers Policyholders may cancel their policy within 30 days of receipt of the letter. A copy of the policyholder letter you will have received is here. |
|
Iceland |
Your policy covers risks insured in Iceland |
No cancellation rights are available |
|
Ireland |
You are an Irish resident consumer policyholder |
No cancellation rights are available |
|
Italy |
a. Your policy covers risks insured in Italy; or b. your policy was marketed in Italy
|
Policyholders are able to cancel their policies within 60 days of the final approval of the Mergers in Ireland. This approval was obtained on 17 December 2019. |
|
Latvia |
Your policy covers risks insured in Latvia |
No cancellation rights are available |
|
Liechtenstein |
Your policy covers risks insured in Liechtenstein |
AXA has sent policyholders individual letters giving notice of the Mergers. Policyholders may cancel their policy within three months of receipt of this letter. A copy of the policyholder letter you will have received is here. |
|
Lithuania |
Your policy covers risks insured in Lithuania
|
Policyholders may cancel their policy within one month of 31 December 2019 (i.e. the Effective date of the Mergers). This right expired on 31 January 2020. |
|
Luxembourg |
Your policy covers risks insured in Luxembourg |
The local regulator has published notices of the Mergers in the National Gazette here and here. There are no cancellation rights. |
|
Malta |
Your policy covers risks insured in Malta |
No cancellation rights are available |
|
The Netherlands |
a. your policy covers risks insured in the Netherlands; or b. your policy was sold to you from a branch in the Netherlands
|
On 29th January 2020, AXA published notice of the Mergers in the Dutch State Gazette and in three Dutch newspapers. Policyholders may cancel their policies within three months of the publication. If you have any questions, please contact us using the contact details here. |
|
Norway |
Your policy covers risks insured in Norway |
Policyholders have been sent individual letters informing them of the Mergers. Policyholders may cancel their policies within four weeks of receiving a letter. A copy of the policyholder letter you should have received can be accessed here. |
|
Poland |
a. Your policy covers risks insured in Poland; or b. your policy was concluded in Poland
|
On 30th January 2020, AXA published notice of the Mergers in Rzeczpospolita. Policyholders can terminate policies within three months of this notice being published If you have any questions, please contact us using the contact details here. |
|
Portugal |
a. Your policy covers risks insured in Portugal; or b. your policy was sold to you in Portugal
|
On 31st December 2019, the local regulator published notice of the ACS Merger on its website here. and on 6 March 2020, the local regulator published notice of the AXA Art merger on its website here. Policyholders can terminate within one month of the publication of the local newspaper notice. If you have any questions, please contact us using the contact details here. |
|
Romania |
Your policy covers risks insured in Romania
|
Policyholders will have received individual notice of the Mergers. A copy of the policyholder letter you should have received can be accessed here. 1. ACS - w/Cancellation rights 2. AXA Art - w/Cancellation rights Policyholders have the right to: (i) terminate; and (ii) request reimbursement of any premium paid in advance for the remainder of their contract. |
|
Slovakia |
Your policy covers risks governed by Slovakian law. |
No cancellation rights are available. |
|
Slovenia |
Your policy covers risks insured in Slovenia |
No cancellation rights are available. |
|
Spain |
Your policy covers risks insured in Spain
|
On 9 April 2020, the Spanish regulator published notice of the Mergers in the local Gazette here and here Policyholders have the right to cancel their policies within one month of this notice being published. |
|
Sweden |
Your policy covers risks insured in Sweden
|
Policyholders have the right to cancel their policies as a result of the merger and there are no time limits in respect of this cancellation right. |
|
Switzerland |
Your policy has been entered into with a Swiss branch of ACS/ART |
No cancellation rights are available under Swiss law. |
|
United Kingdom |
Your policy covers risks insured in the UK |
No cancellation rights are available under English law. |