Question

The "free look" evaluation period for a new Medicare Supplement Insurance policy is:

Answer 1

The "free look" evaluation period for a new Medicare Supplement Insurance policy allows policyholders to review and decide whether to keep or cancel the policy within a specified time frame.

Step-by-step explanation:

The "free look" evaluation period for a new Medicare Supplement Insurance policy is a specified time during which a policyholder can review their policy, understand its terms and coverage, and decide whether to keep it or cancel it.

This evaluation period typically lasts for 30 days after the policy is issued.

During this period, policyholders have the right to cancel their policy and receive a full refund of any premiums paid.