Life Policy ProvisionsQuestion 153 of 315
What is the free-look period that California requires on a life insurance or annuity policy issued to a senior age 65 or older?
a.10 days
b.30 days
c.20 days
d.15 days
Explanation
While standard individual life policies must give at least a 10-day free-look, California requires a 30-day free-look period when the policy is issued to an applicant 65 or older.
Law Reference: Cal. Ins. Code §10127.9Practice all 315 questions free — no signup required.
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