Glossary of Health Insurance Terms

Free Look Provision

A provision that allows a policyowner to examine a policy a certain number of days and return it for a full refund. The requirement in Texas is ten (10) minimum days for life and health policies except Medicare Supplement Policies and Long Term Care Policies, which are both thirty (30) minimum days. Also called Free Examination or Right of Refusal.

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ASAP Quotes believes that informed consumers are happier consumers. If you have a question regarding a health insurance term or concept, then this glossary can help you.