Question #$25$ of $25$

When a California resident who is $65$ or older returns a policy or certificate within the free$-$look period, how long does an insurer have to refund premiums

and any fees paid from the date that the insurer is notified that the annuity owner has canceled the policy?

A$)60$ days

B$)30$ days

C$)20$ days

D$)90$ days