Medicare & Senior InsuranceQuestion 218 of 315
How many days is the free-look period for individual life insurance and annuity contracts sold to a buyer age 65 or older in California?
a.14 days
b.30 days
c.10 days
d.20 days
Explanation
Insurance Code §10127.10 grants a 30-day free-look period for life insurance and annuity contracts sold to anyone age 65 or older, three times the 10-day period that applies to younger buyers.
Law Reference: Cal. Ins. Code §10127.10Practice all 315 questions free — no signup required.
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Sen Lin, PrepPass Founder · 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)