Why cancel the contract mutual?

It seems logical to terminate his contract mutual, and that in many cases. Here are some examples of mutual termination to give you a little overview of the various reasons that may lead to terminate a contract with each other.

Termination for change of status

For example, if you're a bachelor who wants to start a family (wife and child). In this instance, it is better for you to cancel your old mutual solo to purchase a mutual or mutual couple families to have better guarantees for couples and / or families. This is called a mutual termination for change of status, in the jargon of the insurance and mutuality.

Termination for compulsory membership of a group contract

In addition to termination for change of status could also be made of termination for mandatory membership in a mutual company. Indeed, most new employees are required to subscribe in a mutual company to binding. For this, it is better to terminate his contract of mutual individual, not to end up with each other two at a time. To do this, you will need to provide various documents proving your membership mandatory, and your old insurer will grant you your request to cancel each other.

Termination for increased abuse of the insurance premium

Other reasons for termination Mutual, it was also unjustified increase in the termination of the subscription or premium. Here, we must know that this type of mutual termination is often difficult to move from insurers, especially when dealing with a mutual health adopting the principle "one member, one vote". The principle that any change in the mutual, including an increase of contribution, has been consulted during a meeting at which you were invited. And any changes will be voted by the majority. What makes you unable to apply for this type of mutual termination.

After the termination of the contract and termination Chatel law

But among all the methods used to terminate a mutual termination of the contract at the end remains the simplest and most effective. Especially since there's Chatel law that greatly facilitates the task to the participant. Indeed, the Act requires every insurer to notify its insured within 15 days before the date of termination of its right to terminate his contract. If the insurer has exceeded the time limit for information, the insured can then make a cancellation within 20 days following the sending of information by the insurer. And if it has not passed the information, the insured can still perform a termination (Chatel Act) at any time without penalty, even if his contract has been renewed.