Yes, the free look period is a period of time (usually 10, 20 or 30 days) during which a life insurance policyholder may examine a newly issued individual life insurance policy, and surrender it in exchange for a full refund of all premiums paid, if not satisfied for any reason.
So, it's basically a money-back guarantee which means you risk nothing by purchasing a life insurance policy as long as you request a full refund before the free look period expires, if you are not happy with the policy.
So, it's basically a money-back guarantee which means you risk nothing by purchasing a life insurance policy as long as you request a full refund before the free look period expires, if you are not happy with the policy.
RSS Feed
