Free look period: If the policy holder is not happy with the terms and conditions of policy, he / she can cancel the policy giving the reason for cancellation of policy. (policybazaar.com)
Obviously there are lots of reasons for these cancellations, the number one probably is the high cost. (wholevstermlifeinsurance.com)
One nights stay will be charged for cancellations made less than 72 hours before arrival. (angkorhotels.org)