A cooling off period after the purchase of certain investment products. During the period the purchaser can change his or her mind about going ahead, and opt to have any initial payments repaid. Does not apply to "off the page" purchases. See "Cooling off Period".
The Consumer Credit Act provides a period of time after signing a contract during which customers are entitled to cancel their purchase of some financial products, in certain circumstances.
If within 14 days of opening your account, you decide that it is not the most suitable C&G account for your needs, you can switch your investment to another C&G account. (Or, if there is not a more suitable C&G account, we can return your investment plus interest to you.) If you wish to do either of these, you must tell us within the 14 day 'cancellation' period. You will not have to pay any penalty. This does not apply to the Fixed Rate Bond.
The Consumer Credit Act gives you time after signing a contract where customers are entitled to cancel their purchase of some financial products.
A specified period of time when a contract can be terminated. Common to all media.
A specific period of time in which a contract can be legally terminated. The AAAA has set some standard cancellation periods accepted and used by the industry.
In financial services, the period after signing a contract during which customers are entitled to cancel their purchase of some financial products.
The time stipulated by plant contract agreement affecting contract termination.
A specified period of tie during which a contract may be terminated.
" means the period of seven working days from the date of delivery of the Goods; "
Time stipulated in a contract agreement for effecting contract termination.
The Financial Services Authority require insurers to give you a statutory cooling off period in which you can cancel your policy. It is usually 14 days and most insurers will make a full refund of any insurance premiums collected. After the 14 days period, you are still free to cancel you policy and any rebate will be calculated in accordance with the insurers standard scale, which is usually published in your policy document.
The period after signing a contract for some financial products during which you are entitled to cancel and receive your money back without penalty. For single payments you might get back less if the value has fallen. (Also known as 'cooling off period').