Extended Warranties
Cancellation
We may cancel this Service Contract for fraud or material misrepresentation, including but not limited to commercial or rental use. Unauthorized repair or replacement shall result in the cancellation of this Service Contract, subject to applicable state law. In the event of cancellation by Us, written notification of cancellation shall be mailed not less than forty-five (45) days before cancellation is effective, which notice shall state the effective date of and reason for cancellation. The Customer may cancel this Service Contract at any time by mailing or delivering to the Dealer of the Service Contract Administrator notice of cancellation. If cancelled within thirty (30) days of the Service Contract application date, a full refund of the price paid for the Service Contract will be made provided no service has been performed. After thirty (30) days, a pro-rata refund, less reasonable handling costs, and the cost of claims paid will be made. A ten percent (10%) penalty per month applies to any refund not paid or credited within thirty (30) days of Our receipt of a returned Service Contract.
Transfer
This Service Contract may be transferred to another owner of the product by providing the name and address of the new owner within fifteen (15) days of change of ownership with a $25.00 fee.
Term and Renewal
This Service Contract has a term as indicated on the application page, which begins from the Start Date. A renewal of this Service Contract may be offered at our discretion at a renewal price and terms reflecting the age of the Covered Product, current service costs, product repair history and actuarial data.
