An employee of a Life insurer, who screens the applications submitted. He may accept an applicant, reject him, or propose an alternative policy or premium.
This entry was posted in . Bookmark the permalink.
A period of time (usually 10, 20 or 30 days) during which a policyholder may examine a newly issued individual policy of life or health insurance, and surrender it in exchange for a full refund of premium if not satisfied for any reason.