If not, you can request your money
back during the free look period allowed in your state.
Not exact matches
They know you're too slow and stupid to learn how these products actually work
during the
free -
look period, so once that's over, and you wise up and want to
back out, they have a signed contract specifically stating that you can not do that.
If the policy is not issued correctly, you'll usually have a «
free -
look period»
during which you can reject the life insurance contract and get your money
back.
* Money
back guarantee is
during the
free look period of the policy between 10 - 30 days depending on the company and state of residence.
If you ever do cancel a life insurance policy outside of the
free look period, you just won't receive the money
back that you have paid in (you were protected
during the time you had the policy).
Variable annuity contracts typically have a «
free look»
period of ten or more days,
during which you can terminate the contract without paying any surrender charges and get
back your purchase payments (which may be adjusted to reflect charges and the performance of your investment).