Insurance Regulatory and Development Authority of India (I

Insurance Regulatory and Development Authority of India (I.R.D.A.I.) has built, into its Regulations, a Consumer-Friendly Provision, called as, Free-Look Period. Describe the Same.

A) A Free-Look Period provides a Window, to the Insured, where, He or She is Not Required to Pay the Premiums.
B) A Free-Look Period provides a Window, to the Insured, where, He or She can Return the Policy, if He or She Does Not Like it.
C) A Free-Look Period provides a Window, to the Insured, where He or She can Submit the Claims.
D) A Free-Look Period provides a Window, to the Insured, where, He or She can Add the Nominations on the Policy.