The free look period available to cancel a policy is –

A. 15 days

B. 30 days

C. 45 days

D. 60 days

Answer: Option A

Solution(By Examveda Team)

The free look period available to cancel a policy is 15 days. The law allows the policyholder 15 days as free-look period from the date of receipt of the policy document. Policyholder is allowed to cancel the policy during this period and get a refund.