Question

The ______-______ provision permits an insured to review a new health insurance policy for up to ten days with the ability to return the policy to the insurance company for a full refund.

Answer 1

The Free Look provision allows policyholders to review a new health insurance policy for up to ten days and return it for a full refund if desired.

Step-by-step explanation:

The provision being referred to in the question is the Free Look provision.

This provision allows an insured individual to review a new health insurance policy for up to ten days, during which they have the option to return the policy to the insurance company and receive a full refund.

The purpose of the Free Look provision is to give policyholders the opportunity to carefully review the terms and conditions of their insurance policy before committing to it.