Meaning Free examination period
What does Free examination period mean? Here you find 3 meanings of the word Free examination period. You can also add a definition of Free examination period yourself
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Free examination periodAlso known as "10-day free look" or "free look," it is the time period after a life insurance policy or an annuity is delivered during which the policy owner may review it and return it to the company for a full refund of the initial premium. Variable life policies are required to include a "free-look" provision. For o [..]
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Free examination periodA period of time where a policy or product can be reviewed and return it if satisfaction has not been met, with a full refund.
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Free examination periodThis is the period of time that the policyholder has to review an insurance policy and return it to the insurer for a full refund of the paid premium (provided that no claim has been made).
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