How long is the free look period for accident and health policies sold in North Carolina?

The correct duration for the free look period for accident and health policies sold in North Carolina is 10 days. This period allows consumers to review their policy and assess whether it meets their needs. During this time, the policyholder can cancel the policy without facing penalties and receive a full refund of any premiums paid. This provision is designed to protect consumers and ensure they have the opportunity to fully understand the terms and conditions of their policy before committing to it.

Regarding the other options, while some states may offer shorter or longer free look periods for different types of insurance, North Carolina has standardized this specific period to 10 days for accident and health policies, making it a crucial aspect of consumer protection in the insurance market.