Which of the following statements concerning the free-look provision is NOT correct?

A) It permits policyowners to return their policies within a specified time and receive full premium refunds.
B) A policyowner does not need to give any reason for returning a policy in accordance with the provision.
C) Most states require a 45-day free-look provision in health insurance policies.
D) Most states require a free-look provision in health insurance policies.

Ans: C) Most states require a 45-day free-look provision in health insurance policies.