what is a 30 day free look period 
if a life insurance policy has a 30 day free look period it mean you have 30 days from when your policy starts to cancel the policy with no penalties the length of a free look period will vary by provider and by state can you cancel life insurance policy at any time you can cancel a life insurance policy at any time however if you cancel a policy after your free look period ends you will not have your premium refunded although you can receive your cash value in a lump sum minus any fees can you cancel a life insurance policy online you can cancel a life insurance policy by contacting the provider which you can usually do online by phone or by mail the exact cancellation process will depend on the type of life insurance you have and you may have to sign a lost policy release lpr form 