How long is the free look-in period under a term insurance policy from the date of receipt of the policy document?

LohaHridoy
  1. 5 days
  2. 10 days
  3. 15 days
  4. 20 days

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AhmedNazir

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Answer: Option 3

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.

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