Also, after you receive your life insurance policy you can have a full refund of any premiums paid under a 10-day free look period (which may be longer in some states). For instance, some states may have a 15, 20 or 30 day free look period. And, some insurers may even offer a 60 day money back guarantee.
If, for any reason, you decide to cancel your life insurance policy after you paid for your policy, you can do that without any questions asked within 10 days after you have received your insurance policy.
The length of time for a money back guarantee may differ based on the regulations of the state in which you live and applied for life insurance, but 10 days is the most common free look period for life insurance.