L&HMAmedium
Under Massachusetts rules, what is the standard free-look period on an individual life insurance policy that does not involve a replacement?
10 days
B5 days
C20 days
D30 days
Why this is the answer
For non-replacement individual life policies issued in Massachusetts, the standard free-look period is 10 days from delivery. The applicant may return the policy for a full premium refund. Replacement transactions extend the period to 20 days under 211 CMR 34.06.
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