What is an AUL Cancellation Form and How to Use It?

Definition and Purpose of the AUL Cancellation Form

An AUL Cancellation Form is a formal document used to terminate an extended vehicle service contract (VSC) that is administered by AUL Corp. This form serves multiple purposes, primarily to notify AUL Corp and the dealership of the decision to cancel the service contract. It initiates the process for a potential refund, which may depend on the specific terms of the contract and applicable state laws.

The form typically requires detailed information, including:

• Contract Details: This includes the contract number, the date the contract was sold, and the cancellation date.
• Vehicle Information: Essential details such as the Vehicle Identification Number (VIN) and current mileage must be provided.
• Customer Details: The form requires the name, contact information, and signature of the customer.
• Dealership Information: The name and fax number of the selling dealership are necessary for processing.
• Reason for Cancellation: Common reasons include selling the vehicle, trade-in, total loss, or repossession.

How to Obtain the AUL Cancellation Form

The AUL Cancellation Form can be obtained through several channels. Customers can typically find the form on the official AUL Corp website or request it directly from their dealership. Additionally, some dealerships may have physical copies available in their offices.

Here are some steps to obtain the form:

• Visit the AUL Corp Website: Navigate to the forms section to download the cancellation form directly.
• Contact Customer Service: Call AUL Corp’s customer service for assistance in obtaining the form.
• Request from Your Dealership: Reach out to the dealership where the service contract was purchased to ask for a copy.

How to Fill Out the AUL Cancellation Form

Filling out the AUL Cancellation Form requires careful attention to detail. Each section of the form must be completed accurately to avoid delays in processing. Here are the key steps:

• Enter Contract Details: Input the contract number, the date the contract was sold, and the cancellation date.
• Provide Vehicle Information: Clearly write the VIN and current mileage of the vehicle.
• Complete Customer Information: Fill in your full name, contact number, and email address.
• Include Dealership Information: Write the name and fax number of the dealership that sold you the contract.
• State the Reason for Cancellation: Clearly indicate why you are canceling the contract, selecting from common reasons or providing a brief explanation.

Steps to Complete the AUL Cancellation Form

Completing the AUL Cancellation Form involves a systematic approach to ensure all necessary information is included. Follow these steps:

1. Gather Required Information: Collect all necessary details about your contract, vehicle, and personal information.
2. Download or Request the Form: Obtain the AUL Cancellation Form from the website or your dealership.
3. Fill Out the Form: Carefully enter all required information in the designated fields.
4. Review for Accuracy: Double-check all entries for any errors or omissions.
5. Sign and Date the Form: Ensure you sign and date the form to validate your cancellation request.
6. Submit the Form: Send the completed form to AUL Corp or your dealership via fax or mail.

Common Reasons for Using the AUL Cancellation Form

Understanding the reasons for utilizing the AUL Cancellation Form can help customers make informed decisions. Some of the most common reasons include:

• Vehicle Sale: If the vehicle has been sold, the service contract may no longer be necessary.
• Trade-In: When trading in a vehicle, the new owner will typically not require the previous service contract.
• Total Loss: In cases where the vehicle is declared a total loss due to an accident, the contract can be canceled.
• Repossession: If the vehicle is repossessed, the service contract can be terminated to avoid further obligations.

Important Terms Related to the AUL Cancellation Form

Familiarity with key terms associated with the AUL Cancellation Form can enhance understanding and ease the process. Some important terms include:

• Extended Vehicle Service Contract (VSC): A contract that provides coverage for vehicle repairs beyond the manufacturer's warranty.
• Cancellation Date: The date on which the cancellation request is submitted.
• Refund Eligibility: Conditions under which a customer may receive a refund after cancellation.
• Lienholder: The financial institution that holds the loan on the vehicle, which may receive any refund due.

Legal Use of the AUL Cancellation Form

The AUL Cancellation Form is legally binding once completed and submitted. It is important to understand the legal implications of this form:

• Contractual Obligations: By submitting the form, the customer formally terminates their obligations under the service contract.
• State Regulations: Different states may have specific laws governing the cancellation of service contracts, which can affect refund eligibility and processing times.
• Documentation: Keeping a copy of the submitted form is essential for record-keeping and future reference.