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Which provision lets a new policyowner return the policy within a set period for a full refund of the premium?
AGrace period
BFree look
CIncontestability
DReinstatement
Why B is correct
The free look provision gives the new owner a set number of days to review the policy and return it for a full refund.
Why not AThe grace period is the time after a missed premium during which the coverage stays in force.
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