How long is the free look-in period under a term insurance policy from the date of receipt of the policy document?
How long is the free look-in period under a term insurance policy from the date of receipt of the policy document? Correct Answer 15 days
A free look period often lasts 15 days (depending on the insurer), allowing the contract holder to decide whether or not to keep the insurance policy; if he or she is not satisfied and wishes to cancel, the policy purchaser can receive a full refund.