Rather save your money in your account don't take their service plan

I had a Kia Rio which I took a cover with liquid capital after the end of the 45000km that came with the car,all the time the 3 years end I would renew that's how I trusted them. I just had a 3 tear contract which started in Aug 2023 1st service was going to be at 165000 or Aug2024 Unfortunately I was involved in a car accident and the car was written off in May 2024 before i could use the service,I informed them immediately yoh I have paid a total of R4167 they did inform me that there will be a penalty to cancel I'm shocked that the penalty is 60% of the money I paid ,I did plan to have an accident Unfortunately I no longer have a car how can you penalize me 60% this is a reap off I will never take your service again,you have lost me as a customer,to everyone considering taking thier cover rather save your money in your own account otherwise they will **** you of your hard earned money😡😡