L&HOhiomedium
Under OAC 3901-6-05, what is the free-look period that must be given to an Ohio buyer of a replacement individual life insurance policy?
A10 days
B15 days
30 days
D20 days
Why this is the answer
While Ohio's standard free-look is 10 days, OAC 3901-6-05 extends the free-look to 30 days for any individual life or annuity sold as a replacement, giving the buyer added time to reconsider.
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