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Extended Vehicle Warranty

Last week I purchased a car from Carbase. I bought the extended warranty for a three year period. When I collected my new vehicle two days later I was given the warranty T&Cs. I established that I don’t require this product and I have asked Carbase and The Warranty Group to cancel and provide a full refund. Both companies are saying that there isn’t a cooling off period and I’m not entitled to any refund. The T&Cs do not mention cancellation rights or a cooling off period. 
Is this correct? That I’ve bought this product and am not able to change my mind, even though I wasn’t given the T&Cs until several days after payment?

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