When you purchase a life insurance policy, the policy comes with a free look period which is required by the state in which you live.
The minimum free look period is determined by the state of your residence.
Some policies come with a 10, 15, 20, 30 or 60 day free look period.
This acts as a risk free period in which you have that amount of time to review your new life insurance policy, determine if you wish to keep it, or you can return it within this free look time-frame to the insurer for a full refund of all premiums you have paid.
Learn more about how free look life insurance works.