Which facility is given to the policyholder to neutralise the bargaining...

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Which facility is given to the policyholder to neutralise the bargaining power in adhesion contracts?

A. Surrender

B. Loan

C. Assignment

D. Free look period

Answer: Option D

Solution (By Examveda Team)

A free look period is a period where a new insurance policy owner is able to terminate the contract without penalties such as surrender charges.

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