Q216
How much free look period is allowed from the date of receipt of health insurance policy document?
A.
10 days
B.
15 days
AnswerC.
30 days
D.
90 days
Answer: Option B
Solution
Answer: Option B
Solution:
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.