What is the “free to look” period in life insurance policy?

What is the “free to look” period in life insurance policy?

The "free look" period is a time frame during which you can review your life insurance policy after you have received it and decide whether or not you want to keep the policy. This period typically lasts for 10 to 30 days, depending on the insurer and the state in which you live. During the free look period, you have the right to cancel the policy and receive a full refund of any premiums you have paid, as long as you have not made a claim on the policy.

It is important to carefully review your policy during the free look period to make sure that it meets your needs and that you understand the terms and conditions of the policy. If you have any questions or concerns about your policy, you should contact the insurer or your insurance agent for clarification.

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