Question 7002 of 316 · California Life-Only Agent Exam
Under section 10127.9, what is the shortest free look period an insurer may state in the notice on an individual life policy?
Exactly one answer is correct.
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Correct answer to question 7002
- C: 10 days
Explanation
Section 10127.9(a)(1) requires a stated return period of not less than 10 days and not more than 30 days after the owner receives the policy.
More questions: Policy Replacement and Cancellation
- 7003What is the minimum free look period for an individual life policy or annuity delivered to a senior citizen (age 60 or older on the purchase date) in California?
- 7004The free look period for a California senior begins on
- 7005A replacement of life insurance occurs when
- 7006When replacement is involved, the agent must give the applicant
- 7007Which of the following is a potential disadvantage of replacing a whole life policy with a new one?
- 7008Twisting is the practice of