Within how many days after policy delivery can an individual life insurance policy be returned for a 100% premium refund?

In South Carolina, an individual life insurance policy can be returned for a full premium refund within 10 days after it has been delivered to the policyholder. This provision is designed to give consumers the opportunity to review the terms and coverage of their new policy and to ensure it meets their needs. If they decide they are not satisfied with the policy for any reason within that timeframe, they can return it and receive a complete refund without penalty. Understanding this timeline is crucial for consumers to protect their rights and make informed decisions about their insurance purchases.