Free look Period

{
  "id": "MLC-T-FIN-000174",
  "term": "Free look Period",
  "field": "Finance and investing",
  "definition": "Variable annuity contracts typically have a \"free look\" period of ten or more days. During this period, you are free to terminate your contract without paying any surrender charges and you will receive a refund for the amount you paid. The \"free look\" period is a time for you to continue to ask questions so that you understand the variable annuity and are sure that it is right for you.",
  "references": [
    "SEC Investor.gov Glossary"
  ],
  "url": "https://mlchart.com/terminology/finance/free-look-period/"
}