Mostly a south Indian festival, Vishu is the dawn of a new astronomical year, and the day marks the first day of the Malayalam month of Medam that corresponds with April in the Gregorian calendar.
They will issue a refund and depending on the method of refund, this should be completed within 28 days. You will be asked to return all documentation regarding the gap insurance you have cancelled and the cover will cease at this point.
Law Â§ 3428(d) requires that any such return of unearned premiums, including from a cancelled excess line policy for which the premium is financed by a premium finance agreement, be provided within a reasonable time not to exceed sixty days after the effective date of the cancellation of the policy.