State RegulationsGA specificDifficulty 1/5
A Georgia resident purchases a Medicare supplement policy. What free-look right does Georgia law give the applicant?
Select an option to reveal the answer and the full 3-part explanation — free, no signup.
Answer & full 3-part explanation (select an option above, or peek)
Why B is correct
Under O.C.G.A. § 33-43-6, every Medicare supplement policy must prominently print on the first page a notice that the applicant may return the policy within 30 days of delivery for a full refund of premium. The 30-day free look lets beneficiaries reconsider the purchase after the policy arrives.
Why the other options are wrong
- A) The 10-day free look applies to individual life insurance, not Medicare supplement policies.
- C) The Medicare supplement free look is 30 days with a full refund — there is no 45-day partial-refund right.
- D) The statute expressly grants a return right, so the policy is not locked in once approved.
Memory hook
Medigap gives 30 — triple the life policy's 10.