What is the standard (non-replacement) free-look period for an individual life insurance policy delivered in Illinois, as set forth in 50 Ill. Adm. Code 917 and IDOI practice?

Why this is the answer

For a standard (non-replacement) individual life policy issued in Illinois, the owner must be allowed at least 10 days from delivery to examine the policy and return it for a full refund of premium. Replacement contracts are governed by 50 Ill. Adm. Code 917 and require a longer 20-day free-look. The free-look period is separate from grace, reinstatement, and incontestability.