Final answer:
The free-look period for accident and health policies in North Carolina is 10 days, allowing policyholders to cancel for a full refund within this timeframe.
Step-by-step explanation:
The free-look period for accident and health policies sold in North Carolina is 10 days. During this period, a policyholder has the right to review the terms of the policy and decide whether to continue with the coverage or cancel it for a full refund.
This provision is designed to protect consumers by giving them a short period to evaluate their insurance policy without financial penalty.