Business OS
Governance & ComplianceCompany Policies

Cancellation Policy

This template outlines the terms and conditions for cancellations of services or products offered by a company. It is intended for businesses to clearly communicate their cancellation procedures to customers.

Updated 15d ago
cancellation policycompany policycustomer serviceterms and conditionsrefundssouthern Africa

Company Letterhead

{{company_name}}

{{company_address}}

Phone: {{company_phone}}

Email: {{company_email}}

Website: {{company_website}}

1. Purpose and Scope

This Cancellation Policy ('Policy') describes the terms under which {{company_name}} ('the Company') accepts cancellations for its products and/or services. This Policy applies to all customers and clients of the Company.

2. General Cancellation Conditions

Customers may cancel their order or service subscription subject to the terms outlined herein. All cancellation requests must be submitted in writing via email to {{cancellation_email_address}} or through our customer portal at {{cancellation_portal_link}}.

3. Cancellation Periods and Fees

3.1. **Products:**

- Orders cancelled within {{number_of_days_product_cancellation}} days of purchase/order confirmation may be eligible for a full refund, provided the product has not been shipped or services rendered.

- Orders cancelled after {{number_of_days_product_cancellation}} days, or if the product has been shipped, may be subject to a {{restocking_fee_percentage}}% restocking fee and return shipping costs.

3.2. **Services:**

- For service subscriptions/agreements, cancellations requested {{number_of_days_service_cancellation}} days prior to the next billing cycle will result in no further charges.

- Cancellations requested less than {{number_of_days_service_cancellation}} days prior to the next billing cycle may incur a cancellation fee equivalent to {{cancellation_fee_amount}} or one month's service fee, whichever is lower.

3.3. **Events/Bookings:**

- Cancellations made {{number_of_days_event_cancellation}} days or more before the event date will receive a full refund.

- Cancellations made between {{number_of_days_event_cancellation_min}} and {{number_of_days_event_cancellation_max}} days before the event date will receive a {{percentage_refund_event}}% refund.

- Cancellations made less than {{number_of_days_event_cancellation_less}} days before the event date will not be eligible for a refund.

4. Refund Process

Approved refunds will be processed within {{number_of_days_refund_processing}} business days from the date of cancellation approval. Refunds will be issued using the original payment method. Please note that it may take additional time for the refund to appear in your account, depending on your bank or payment provider.

5. Exceptions to the Policy

The Company reserves the right to make exceptions to this Policy in cases of force majeure, extraordinary circumstances, or at its sole discretion. Any such exceptions will be communicated to the customer in writing.

6. Changes to the Policy

{{company_name}} reserves the right to modify or update this Cancellation Policy at any time. Any changes will be effective immediately upon posting the updated policy on our website at {{website_link_to_policy}}. It is the customer's responsibility to review this Policy periodically for any changes.

7. Contact Information

For any questions regarding this Cancellation Policy, please contact us at:

Email: {{contact_email_address}}

Phone: {{contact_phone_number}}

Signature Block

Sincerely,

_____________________________

{{authorised_signatory_name}}

{{authorised_signatory_title}}

{{company_name}}

Date: {{date}}

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