We understand that updating your contract information is important. For legal and security reasons, however, it is not possible to change the name of the contract owner.
Here are your options:
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Option 1: Cancel the current contract. We’ll refund any unused premium.
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Option 2: Open a new contract with the updated details.
Exception:
The name on the contract can only be changed in the event of the policyholder's death.
Additional Information:
While the contract owner cannot be changed, you can authorise others to use the insured item (e.g., a bike), and they will still be covered under the policy.
Can I switch the policyholder from a person to a company, or vice-versa?
Switching the policyholder between an individual and a company isn’t possible. This includes situations where:
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The contact person remains the same.
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You’d like to switch from an individual policy to a company policy, or vice versa.