When you purchase life insurance in Florida, you have what is known as a free look period. During this period, you have the option to cancel your life insurance policy if you wish, without any penalties. Generally, the free look period is 10 days.
This period certainly works to your benefit. It gives you extra time to really take a thorough look at your policy, to have your attorney review your policy, and to go over all of the conditions and make sure it is right for you. If you decide that you want to cancel your policy during this period, you will receive a full refund of the payment you made in the majority of cases. With your Florida life insurance policy, your free look period begins as soon as you sign and receive your documents. If during that time you want to cancel, you must notify your agent or company representative so they can get it taken care of.
Purchasing Florida life insurance online here is a very important decision and certainly not one that you want to take lightly. You want to make a good decision for yourself and your family as well. It is important to take the time to read your policy. If there is anything that you are unsure of or have questions about, you should talk with your agent or representative. They will be able to answer any questions you have and help to clear up any concerns.
Keep in mind that the policy is yours. You want to make sure that you read over all of the provisions and clauses to make sure it is indeed the coverage you want it to be. Its important that you read each line carefully.
Life insurance can sometimes be a touchy subject for some. We do not want to think about losing a loved one. However, taking the time to be prepared makes it so much easier for your family. Taking full advantage of the free look period for your policy for life insurance in Florida is the best thing that you can do.
It is quite possible that there were parts that you looked over when you initially signed your policy. Taking your time in a relaxed environment will allow you to look at each section and really think about the coverage that you signed up for. When you sign up for life insurance here, it is one of the smartest choices you can make for yourself.