27. In an attempt to secure the best premium, Louanne's agent encouraged her to apply to two separate insurers for T-20 fe insurance. She was approved t preferred rates at both insurers, one rate being slightly higher than the other. Pleased with the outcome, Louanne accepted both policies by signing policy delivery receipts. The next day, Louanne realized that she had twice the amount of coverage that she requires. She immediately contacts her agent What advice is in the client's best interest? Since Louanne accepted both policies, she must retain them both for the 20-year term O She can cancel the more expensive policy at any time. O She can reduce the coverage of both policies to meet her needs. She can return the more expensive policy within the 10-day free-look period to be refunded her initial premium O Choose option