What if i receive life insurance policy but not satisfied?

There may be a Free Look period in your life insurance policy The Free Look period acts like a money-back guarantee in that it allows you to return the life insurance policy to the insurance company within a set period of time from the day you receive the life insurance policy, in order to get a full refund of the premiums paid. Otherwise, if the free look period was say 30 days and you have had the policy for 45 days, you could request a cancellation of the policy and get a pro-rata return of premiums, subject to the terms and conditions of your life insurance policy. Make sure you read your life insurance policy and review the requirements and instructions on how to cancel the policy, or use the Free Look period.