Free-Look Period
What Does 'Free-Look Period' Mean?
This is the period of time where a person who has been approved for a Long-Term Care policy has to review their policy without cost or obligation. Most states allow you to "refuse" a policy usually within 30 days of delivery of the policy.
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A free-look period is when an individual approved for a Long-Term Care Insurance policy can review their policy free of cost or obligation. Most states allow the individual to "refuse" a policy within 30 days of delivery of the policy.