Three consumer protections follow every life insurance policy in the country, and the exact numbers are set by your state.
The free-look period is your window to cancel a new policy for a refund. The grace period is the extra time you get to pay a late premium before the coverage lapses. And the guaranty association is the safety net that pays your claim, up to a limit, if your insurer becomes insolvent. Choose your state below to see exactly how each one works where you live.
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