free look period
 n.— «State laws also have what is called a “free look” period, usually from 10-30 days, during which an annuity can be returned for a full refund with no strings attached.» —“Is An Annuity Right For You? I.I.I. Video and Podcast Can Help You Figure It Out” in New York City PR Newswire Sept. 24, 2009. (source: Double-Tongued Dictionary)

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