Disability & Long-Term CareQuestion 97 of 716
Under the California Long-Term Care Insurance Reform Act, an applicant for an individual LTC policy has how many days to return the policy for a full refund of premium?
a.30 days
b.60 days
c.10 days
d.90 days
Explanation
California requires every individual long-term care policy to include a 30-day free-look period. The applicant may return the policy within that window and receive a full refund of premium. This is longer than the 10-day standard free look on most other California life and health products.
Law Reference: Cal. Ins. Code §10232.7This 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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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)