All of the following statements are true about the free look provision in life insurance policies in California, except:

A. A full refund of the premium paid is required if the policy is returned within 10 days of delivery.
B. The contract is in force during the 10 day period and any claims must be paid even though the owner has returned the contract.
C. Senior citizens must be given a minimum of 30 days free look.
D. Death during the free look period results in a full death benefit

Answer: B. The contract is in force during the 10 day period and any claims must be paid even though the owner has returned the contract.

Business

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