Terminate MTPL policy

In order to terminate the policy, a submission should be submitted. 

You may submit the submission in the offered forms, which is the most convenient for you:

  1. The fastest way on the Compensa portal
    When submitting on the portal, the filled in information will immediately be entered into our system.
  2. By filling in the submission form.
    It should be definitely signed.
    The filled in and signed submission form shall be sent to the e-mail info@compensa.lv
  3. At any of the Compensa service centres.
  4. By sending via mail to the central office: 
    Vienības gatve 87H, Riga, LV-1004

What to do with the unused part of the premium?

The unused part of the premium may be:

  1. Transferred to another policy or booked  for future transactions.
    YOU WILL SAVE!  As far as the administrative costs in the amount of 5% from the unused premium, which we have to deduct in accordance with Compulsory Civil Liability Insurance of Owners of Motor Vehicles Law, will not be deducted.
  2. 2. Transferred to  the account of the policyholder. 
    Payment shall be made within a time period of 2 weeks after receipt of the submission.

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