How Long Is The Free Look Period For Annuities?

  1. 63333 POINTS
    Peggy Mace
    Most of the U.S.
    The free look period for annuities varies according to the state in which you live. Variable annuities normally have a free look period of "at least 10 days", according to the SEC. The free look period for fixed annuities is the same number of days as the free look period for life insurance products, in some states. Contact the carrier through which your annuity was purchased to find out the free look period for your annuity in your state.
    Answered on August 1, 2013
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