How much flexibility do I have if I change my mind about my policy?
When you receive your policy, you have a “free look” period of 10 days from the day the policy is delivered to you. You may return it during the free look period for a full refund of the premium you paid. After the free look period, surrender penalties will apply. Premiums are flexible, although continuing to pay your premiums will help you maintain your policy’s value. If you discontinue your premium payments, the policy may terminate. To avoid this situation, be sure to check your Annual Statement to make sure the value within your policy is sufficient to keep your policy in force.