What up with fixed contracts?

I just bought a policy with Coya and wanted to cancel my old insurance policy. The process to cancel wasn’t that difficult but still annoying (had to send a written letter to my insurance company.) When i got back the cancellation confirmation, they said my old insurance will be cancelled in March!!! That’s in 6 months from now!!! Crazy…

Love that Coya has daily cancellation, really hate being tied in to long contracts, especially when I don’t even know about it…

Tried to cancel my dog liability policy now since Coya just launched this as a new product and I want to buy the Coya one. June 2020!! another 9 months locked into a contract I no longer need or want… :man_facepalming: this is just bullying!

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Quite a common thing with subscription services in Germany, right? Besides insurance, this happens with gym’s, telephone/internet providers, electricity, and a long list of etc’s…

Results: people look for workarounds:

The future is flexible : )

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