Important Information: Farmers Finance Card Repayment Insurance Policy will be cancelled from 1 July 2022.
Your Farmers Finance Card Repayment Insurance policy (“Your Policy”) is underwritten by Consumer Insurance Services Limited (“CISL”), part of hummgroup, a provider of consumer and commercial finance products, including your Farmers Finance Card.
In December 2021, we advised you that we intended to cancel all remaining insurance policies. As allowed under the terms and conditions of Your Policy, we are now providing you with 30 days’ prior written notice that we will be cancelling your insurance cover on 1 July 2022.
The last time we will charge you a premium will be on your May 2022 Farmers Finance Card statement date. However, to support our customers, we will continue to pay eligible claims for any events covered by the Farmers Finance Card Repayment Insurance policy that occur up to and including 31 December 2022. We will cancel CISL’s insurance licence in early 2023.