Cancelling after selling a vehicle or asset
When the insured asset leaves your estate - selling a car, a motorbike or a covered object - the insurable interest ends. The contract no longer has a subject: it should be cancelled or adjusted without delay.
Attach proof of transfer
For a vehicle, attach proof of the change of keeper (notification to the road traffic office, sale contract). For another asset, any proof of transfer is useful. This speeds up processing and the removal of cover.