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What is the free look provision?

By Doresa Banning on December 27th, 2010

Question: What is the free look provision?

Answer:

The free look provision is a period of time immediately following the issuance of a life insurance policy, between 10 and 30 days, during which you may legally cancel your policy with a full refund based. The free look period differs depending on the terms of your life insurance contract or the laws in your state.

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