It depends on which service you sign up for:
Wagmo insurance policies
can be canceled at any time. You just have to notify the company in writing about your intention to cancel or to not renew. You will need to include the date you want your cancellation to take effect.
Wagmo wellness plans
can be canceled as well, but they have more stipulations. If you haven’t made a claim and you’re within the 24-hour grace period, you can cancel or adjust your plan for a full refund. However, canceling a wellness policy in other situations will result in a fee.