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Cancel KING PRICE
in 30 seconds only!
Cancellation service #1 in Australia
4.9Calculated on 5.6K reviews
I hereby notify you of my decision to terminate the contract relating to the King Price service.
This notification constitutes a firm, clear and unequivocal intention to cancel the contract, effective at the earliest possible date or in accordance with the applicable contractual period.
Please take all necessary measures to:
– cease all billing from the effective date of cancellation;
– confirm in writing the proper processing of this request;
– and, if applicable, send me the final statement or balance confirmation.
This cancellation is addressed to you by certified e-mail. The sending, timestamping and content integrity are established, making it a probative document meeting electronic proof requirements. You therefore have all the necessary elements to proceed with regular processing of this cancellation, in accordance with applicable principles regarding written notification and contractual freedom.
In accordance with personal data protection rules, I also request:
– deletion of all my data not necessary for your legal or accounting obligations;
– closure of any associated personal account;
– and confirmation of actual data deletion according to applicable privacy rights.
I retain a complete copy of this notification as well as proof of sending.
Important warning regarding service limitations
In the interest of transparency and prevention, it is essential to recall the inherent limitations of any dematerialized sending service, even when timestamped, tracked and certified. Guarantees relate to sending and technical proof, but never to the recipient's behavior, diligence or decisions.
Please note, Postclic cannot:
- guarantee that the recipient receives, opens or becomes aware of your e-mail.
- guarantee that the recipient processes, accepts or executes your request.
- guarantee the accuracy or completeness of content written by the user.
- guarantee the validity of an incorrect or outdated address.
- prevent the recipient from contesting the legal scope of the mail.
How to Cancel King Price: Easy Method
What is King Price
King Price is a privately owned short-term insurer founded in 2012 and headquartered in Pretoria. It offers motor, home, portable-possessions and business policies and is best known for a monthly decreasing-premium model that reduces certain car premiums over time. King Price markets monthly billing with annual renewals and a self-service approach through digital channels and an app. This means coverage types include comprehensive car cover, third-party options and specialised products such as collectable-car cover with low-use pricing features.
These product features and the decreasing-premium model are stated on the company site and documented in public company summaries.
Customer experiences with cancellation for King Price
What users report
Public reviews and discussion threads show mixed feedback on King Price cancellation and billing. Multiple reviewers report delays in getting acknowledgement, continued debit orders after a cancellation request, and frustration with automated responses. Positive reports tend to praise the core products and the decreasing-premium idea, while negative reports cluster around service interactions at cancellation.
Where people describe outcomes, common themes are disputed debits, requests for additional documentation when claims or refunds are involved, and a need to escalate unresolved matters.
Recurring issues and practical takeaways
Users frequently report: delays between a cancellation request and administrative closure; partial refunds being adjusted for admin costs; and refund timing that can vary depending on payment method and whether a claim exists for the period.
As a result, the practical takeaways are to document dates, keep copies of any policy documents and schedules, and be ready to show proof of payments and of the policy status if a transaction is disputed.
How cancellations typically work for King Price
King Price policies operate on monthly premiums with annual renewals. In general terms, cancelling a policy triggers a check of whether a valid claim exists for the period and whether any administrative fees or adjustments apply. If no valid claim has been submitted for the period, many policy documents indicate a proportionate refund may be available for unused cover, less any administration cost noted in the policy wording.
There is also a cooling-off concept in some King Price-related life insurance and short-term products: if cancellation occurs within specified early-days after receiving a policy summary, a refund may be applied subject to conditions in the policy terms. This is typically limited to policies with no claims reported in the cooling-off interval.
King Price’s own documents indicate that the insurer may cancel for non-payment after specified grace periods, and that policy cover will end for unpaid months following agreed grace terms. This affects the billing cycle and any entitlement to refunds.
What to expect about notice periods, billing and refunds for King Price
Notice periods: company materials commonly show that insurers give notice for certain administrative cancellations, while a client-initiated cancellation is treated as ending coverage from the effective date set by the policy terms and the insurer’s administration. Therefore, timing and the last date of cover depend on the policy schedule and on whether a mid-period refund applies.
Billing cycles: premiums are generally monthly with annual renewals. For monthly payers, proration rules in the insurer’s terms determine whether a partial refund is provided for the unused portion of the last month. If premiums are collected in advance, a refund may be calculated from the date the insurer considers the policy ended.
Refunds: refunds are commonly conditional. If a valid claim exists during the relevant period, the insurer may deduct claim amounts or withhold refunds. If no claim exists, many short-term insurance contracts allow a refund for the unused portion of premiums, less administration costs stated in the policy. The exact computation is set out in the insurer’s policy wording.
Documentation checklist for King Price cancellations
- Policy reference: policy number and product name as shown on your policy schedule.
- Effective date: the date you intend the policy to end and any relevant policy schedule dates.
- Proof of payment: recent bank statements or card statements showing premium debits and relevant dates.
- Claim status: record of any claims submitted and their outcome or acknowledgement numbers.
- Correspondence record: dates and summaries of any interactions with the insurer about the cancellation and billing.
- Identification: copies of ID used when the policy was issued, if the policy wording requires identity proof for changes or closure.
Common pitfalls and how to protect your rights with King Price
Expectation mismatch: many disputes arise because customers expect immediate stop of debits while administrative systems still process transactions. Therefore, monitor your bank and keep timelines handy.
Claim overlap: if there is a claim during or covering the cancellation period, refunds may be reduced or withheld. Read the policy wording on claim recovery and admin deductions.
Documentation gaps: failure to keep proof of payment, policy schedule or correspondence makes disputes harder to resolve. Keep clear records and date-stamped copies of what you provided.
| King Price policy type | Main features | Billing | Typical pricing (A$) |
|---|---|---|---|
| Comprehensive car cover | Full damage plus liability, decreasing-premium model for eligible risks | Monthly premiums, annual renewal | A$ Varies |
| Third party only | Liability-only option for budget-conscious drivers | Monthly premiums | A$ Varies |
| Collectable/low-use car | Low-mileage and collectable-car pricing; pay-for-usage features | Monthly or special low-use arrangements | A$ Varies |
| Home and portable possessions | Contents and buildings cover options with excess and limits | Monthly premiums, annual review | A$ Varies |
Refund and proration scenarios for King Price
| Situation | Likely outcome | Documentation that helps |
|---|---|---|
| Cancellation with no claim in period | Pro rata refund of unused premium may be available; admin cost may apply | Policy schedule, proof of last premium paid |
| Cancellation where a claim exists | Refunds may be reduced or withheld to cover claims or recoveries | Claim reference, itemised claim outcome |
| Non-payment driven cancellation | Cover ends after grace periods; no refund for unpaid months | Bank statements, failure notices |
Short note on consumer rights relevant to King Price
If you hold King Price cover but are located or paying from here, note that cross-border jurisdiction and remedies can be more complex. Your consumer-protection options may include disputing card transactions with your bank and following the insurer’s documented complaints process. For matters governed by the insurer’s policy terms, the policy wording and the insurer’s local regulator procedures will generally determine outcome and escalation paths.
Therefore, preserve your documents and escalate formally through the insurer’s internal process if a dispute cannot be resolved informally.
Disputes, chargebacks and escalation specific to King Price
If a premium continues after you have requested an end to cover, first keep a clear timeline of events and documentary proof of payments and any notices you made. This will be essential if you later seek a remedy through your bank or a formal complaints channel.
Where a card payment is involved, banks can sometimes investigate disputed transactions; this is separate from the insurer’s internal complaint process and may result in a temporary reversal while the bank investigates. Keep account statements and copies of any policy schedules for that enquiry.
Address
- Address: King Price Insurance Company Ltd, Menlyn Corporate Park, Block A, 175 Corobay Avenue, Waterkloof Glen Ext 11, Pretoria, 0081, South Africa
What to do after cancelling King Price
Monitor your bank and card statements closely for at least two billing cycles after the cancellation effective date. Retain all records and be prepared to show proof if a claimed debit appears after your requested end date.
If an unexpected debit is taken, document the date, amount and description and raise the issue promptly through the insurer’s complaints route and with your payment provider if appropriate. Keep copies of every exchange.
Finally, open options for escalation: if the insurer’s response is unsatisfactory, you can lodge a formal complaint with the relevant financial dispute resolution body referenced in the insurer’s policy documents or pursue a payment dispute via your bank. This means you will have clear evidence and timelines ready for any regulatory or bank review.