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When free look period under a policy would commence?

A. Date of commencement

B. Date of receipt of policy bond

C. Date of FPR

D. Any time

Answer: Option B

Solution(By Examveda Team)

Free look period under a policy would commence on the date of receipt of policy bond. A policy holder can return the policy back to the insurer within 15 days from the receipt of the policy documents.

This Question Belongs to Commerce >> Insurance

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