The phrase "refund option" means having the choice to get your money back if you are not satisfied with a product or service that you have paid for. Full definition
We also offer money refund options for those who discover that either copied material is present in their custom essay or any of the instructions are not followed. (essaywriter.org)
Cash refund options are also available to insure that all monies, plus interest, are returned to named beneficiaries in the event of an early death. (ohioinsureplan.com)
In this example, your costs are reduced, you get the coverage amount that you need and you have a premium refund option at the end of 20 years. (termland.com)