Boram Mutual Aid provides a refund of a certain amount if the mutual aid service contract is canceled early. An accurate calculation is necessary because the cancellation refund varies depending on the contract period and amount paid. Easily calculate your refund and go through the cancellation process through the Boram Sangjo Cancellation Refund website.
Easily check with the cancellation refund calculator 🖩
If you are curious about the cancellation refund, the first thing to do is to use the cancellation refund calculator on the Boram Sangjo official website. By entering information such as contract date, total contract amount, monthly payment amount, and payment frequency into the calculator, you can immediately check the expected cancellation refund amount. It’s so easy, right? 😉
The calculation results are divided into total net payment, surrender refund, and deduction amount. The reason the cancellation refund is less than the net payment is because recruitment allowances and management fees are deducted in case of early cancellation. Please note that the deductible amount may vary depending on the time and period of the contract.
What are the cancellation refund application procedures and required documents? 📋
Once you have confirmed the cancellation refund amount, it is now time to proceed with the actual cancellation. How do I apply for Boram Mutual Agreement cancellation?
Complete and submit cancellation application form 📝
First, you must fill out a cancellation application form stating your intention to cancel the contract. The application form can be downloaded from the cancellation refund menu on the Boram Mutual Aid website. All you have to do is fill out the necessary personal information and reasons for cancellation, complete the signature, and submit it to Boram Sangjo’s headquarters. Applications can be sent in a variety of ways, including fax, email, or postal mail.
Prepare and submit required documents 🗂️
When applying for contract cancellation, you must also submit several required documents. A copy of the contractor’s ID card, cancellation application form, original contract, and a copy of the contractor’s bankbook are required. The list of required documents may vary depending on the type of cancellation, so it is best to check the exact information by contacting the Boram Sangjo website or customer service center.
Payment of cancellation refund 💰
Once the documents are submitted, Boram Sangjo will review and approve the cancellation application. If there are no special problems, the cancellation refund will be deposited into the account designated by the customer within 3 business days from the date of application. If your refund is delayed, it would be a good idea to contact Boram Sangjo Customer Center.
Things to keep in mind when canceling Boram Mutual Aid contract ❗
Lastly, be sure to remember what you need to be careful about when canceling your Boram Mutual Aid contract!
Beware of difference in cancellation refund 💸
As mentioned earlier, the cancellation refund is less than the net payment. In particular, if a certain period of time has not passed since signing up, please note that the cancellation refund may be less than 50% of the amount paid! Due to the nature of long-term installment contracts, there are bound to be disadvantages to early cancellation. 🙏
Beware of consumer damage 🚨
Boram Mutual Aid is an official mutual aid company certified by the Fair Trade Commission, but cases of damage often occur during the contract cancellation process. If you have questions about the cancellation refund calculation or if the refund is delayed for too long, you can also ask for help from a consumer protection agency such as the Korea Consumer Agency. Let’s prepare in advance for any unexpected consumer damage. 🙌
Above, we have learned in detail about the Boram Mutual Aid contract cancellation refund calculation method and the refund process. It is not an easy decision to cancel a mutual aid service, but if it is an unavoidable situation, you should take care to receive as much of your payment refund as possible, right? If you use the cancellation refund calculator and prepare all required documents, you will be able to go through the cancellation process more easily. If you are thinking about canceling your contract with Boramam Mutual Aid, I hope this article will be helpful! 😊
If you are curious about the cancellation refund, the first thing to do is to use the cancellation refund calculator on the Boram Sangjo official website. By entering information such as contract date, total contract amount, monthly payment amount, and payment frequency into the calculator, you can immediately check the expected cancellation refund amount. It’s so easy, right? 😉
The calculation results are divided into total net payment, surrender refund, and deduction amount. The reason the cancellation refund is less than the net payment is because recruitment allowances and management fees are deducted in case of early cancellation. Please note that the deductible amount may vary depending on the time and period of the contract.
What are the cancellation refund application procedures and required documents? 📋
Once you have confirmed the cancellation refund amount, it is now time to proceed with the actual cancellation. How do I apply for Boram Mutual Agreement cancellation?
Complete and submit cancellation application form 📝
First, you must fill out a cancellation application form stating your intention to cancel the contract. The application form can be downloaded from the cancellation refund menu on the Boram Mutual Aid website. All you have to do is fill out the necessary personal information and reasons for cancellation, complete the signature, and submit it to Boram Sangjo’s headquarters. Applications can be sent in a variety of ways, including fax, email, or postal mail.
Prepare and submit required documents 🗂️
When applying for contract cancellation, you must also submit several required documents. A copy of the contractor’s ID card, cancellation application form, original contract, and a copy of the contractor’s bankbook are required. The list of required documents may vary depending on the type of cancellation, so it is best to check the exact information by contacting the Boram Sangjo website or customer service center.
Payment of cancellation refund 💰
Once the documents are submitted, Boram Sangjo will review and approve the cancellation application. If there are no special problems, the cancellation refund will be deposited into the account designated by the customer within 3 business days from the date of application. If your refund is delayed, it would be a good idea to contact Boram Sangjo Customer Center.