Binding time
When purchasing products and services that extend over a period of time, companies may have binding periods for the product or service. This means that the person who buys the product cannot terminate the service or product before this period is over. At Hedvig's insurance products, we never have lock-in periods with binding times. This means that the person can cancel the insurance whenever he wants. Hedvig is the only insurer in Sweden today in home insurance without binding contracts.