Life Policy ProvisionsQuestion 153 of 716
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.15 days
d.20 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 §10127.9This topic, taught in full in the California Life & Health Insurance Producer Exam guide. California Life & Health Insurance Producer Exam — Complete Study Guide (2026) — PDF + EPUB, $19.99 · 14-day refund →
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Related questions on this topic
- Under the incontestability clause required in California life policies, after how many years from the date of issue can an insurer no longer contest the policy except for fraud or non-payment of premium?
- The entire contract clause in a California life policy means that the policy contract consists of which of the following?
- What is the typical grace period required in a California individual life insurance policy for payment of an overdue premium without lapse of coverage?
- After a life insurance policy has lapsed for non-payment, the reinstatement provision generally requires which of the following from the policyowner?
- If an insured dies by suicide 18 months after the policy was issued, how is the death claim typically handled under the standard California suicide clause?
- If an applicant misstates their age on a life insurance application and the error is discovered after death, what action does the misstatement-of-age provision require?
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PrepPass team · Verified against California Life & Health Insurance License Exam · How we review
Reviewed by John Zihao Zhang — California-Licensed Life Insurance Agent (CA Dept. of Insurance License #4396095 — verify)