L&HOhioeasy
What free-look period must Ohio insurers provide on a life insurance or annuity policy issued as a replacement under OAC 3901-6-05?
A10 days
30 days
C15 days
D20 days
Why this is the answer
Ohio extends the standard 10-day free-look to 30 days when a life or annuity policy is issued as a replacement, giving the consumer additional time to compare the new contract against the one being replaced.
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