Series 66: 3.7.3.6 Free-Look Period

Taken from our Series 66 Online Guide

3.7.3.6 Free-Look Period

The policyholder may elect to return the contract within 45 days of its execution or within 10 days of receiving the issued contract, whichever is later, and receive a full refund of all payments made.

SUMMARY TABLE
Advantages and Disadvantages of Variable Life Insurance Products
Advantages	Ability to choose how the money will be invested to better meet the policyholder’s goals
	Minimum death benefit
	Ability to earn a higher death benefit and cash value on the account
	Ability to exchange the variable policy with a whole life policy within the first two years of the policy
	Voting rights
	Greater chance to beat inflation on cash value and death benefit
Disadvantages

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Since you're reading about Series 66: 3.7.3.6 Free-Look Period, you might also be interested in:

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The Pass the 66 book/audio series, as well as the timely responses I received from the professor, all led to my success in passing the Series 66. This is a test that must be taken seriously, and does just that.

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Brook Langston, Everspire. Salt Lake City, UT