Issuing a refund is the action that is not related to a contingency. In insurance terms, a contingency generally refers to an uncertain future event that can affect the terms of a policy, such as changing the policy, canceling the policy, or canceling and rewriting it. These actions are often related to changing circumstances or new information that arises, which may lead to adjustments in the policy terms or coverage.
On the other hand, issuing a refund does not constitute a contingency action because it typically follows a decision that has already been made regarding the status of the policy, such as its cancellation or adjustment. Refunds are generally associated with overpayments or adjustments to premium amounts rather than contingencies that affect how the policy is structured or activated. Therefore, while the other mentioned actions involve adjusting the terms and provisions of the insurance policy based on changing conditions, issuing a refund is more of a financial transaction that does not relate to any uncertainty surrounding the policy itself.