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.