Here you will find the right answers
The moneyland.ch forum lets you exchange knowledge on numerous topics related to money and get answers to your questions at any time. Join forum users and experts in discussions relating to banking, investment, insurance, retirement, telecom and everyday money topics.
Show categories
I got an insurance policy with a 3 year term, and naturally I assumed that it would be terminated automatically at the end of the 3 years (last year was the third year). Now I got billed for the premiums for this year. What am I missing here? Was I supposed to write and terminate the insurance policy?
Hi there,
Whether or not you need to give notice of termination to prevent your policy from being renewed for an additional term at the end of the initial term depends on the terms and conditions of your insurance agreement.
Typically, insurance policies are automatically extended at the end of an insurance term if the policyholder does not give notice of termination within a specific notice period.
Best regards from Moneyguru
More on this topic:
Insurance comparison tools
Cheap bank accounts with card
Cheap bank accounts with card
UBS key4
50 KeyClub points as a welcome gift
Online private account with debit card
Radicant
High interest on your everyday account
Best exchange rates
Up to 1% of card spending as saveback in the investment portfolio
Bank WIR Bankpaket Top
Free account & card
No exchange fees for foreign payments (interbank exchange rates)
24 ATM withdrawals worldwide per year free of charge
Alpian
CHF 100 welcome bonus
Favorable foreign exchange rates
Multi-currency account with Visa card (CHF, EUR, USD, GBP)
Yuh
No account fees
Banking partner: Swissquote & Postfinance
CHF 20 trading credit with code «YUHMONEYLAND»
Deal of the Day 
Online private account
UBS key4
50 KeyClub points as a welcome gift
