What free-look period must Massachusetts insurers provide on a life insurance or annuity policy issued as a replacement under 211 CMR 34.00?

Why this is the answer

Massachusetts extends the standard free-look to 20 days from delivery when a life or annuity policy is issued as a replacement: 211 CMR 34.06(1)(d) requires the replacing insurer to give an unconditional refund right for that period, so the consumer has more time to compare the new contract against the one being replaced.