How much free look period is allowed from the date of receipt of health insurance policy document?
A. 10 days
B. 15 days
C. 30 days
D. 90 days
Answer: Option B
Solution (By Examveda Team)
A free look period is where a new insurance policy owner is able to terminate the contract without penalties such as surrender charges, etc. The free look period allowed is 15 days.
Join The Discussion