Final answer:
An insured has the right to return a new insurance policy for a full refund during the free-look period.
Step-by-step explanation:
An insured has the right to return a new insurance policy for a full refund during the free-look period. The free-look period is typically a specified number of days after the policy is issued, during which the insured can review the policy terms and conditions. If the insured decides not to keep the policy, they can return it to the insurer and receive a full refund of the premium paid.