Why are you still collecting money when my insurance policy has been cancelled?

Close Brothers Premium Finance pays the full cost of the insurance premium to your broker.

If your insurance policy is cancelled, any refund amount due from your insurer may not cover the outstanding balance of your credit agreement. If you still have an outstanding balance, you are required to pay this in line with your original credit agreement with us. We will continue to collect a monthly Direct Debit for the remaining balance and will notify you in writing how much the remaining payments will be.