Rhode Island § 27-4-6.1 § 27-4-6.1. Right to examine and return policy.

Rhode Island Statutes

§ 27-4-6.1 — § 27-4-6.1. Right to examine and return policy.

Rhode Island § 27-4-6.1

Title 27Insurance

Ch. 27-4Life Insurance Policies and Reserves

This text of Rhode Island § 27-4-6.1 (§ 27-4-6.1. Right to examine and return policy.) is published on Counsel Stack Legal Research, covering Rhode Island primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

R.I. Gen. Laws § 27-4-6.1 (2026).

Text

§ 27-4-6.1. Right to examine and return policy.
Every individual life insurance policy delivered or issued for delivery in this state
            after July 1, 1978, and every individual annuity contract delivered in this state
            after January 1, 1995, shall contain a provision, or in a separate rider attached
            when delivered, stating in substance that the person to whom the policy or contract
            is issued shall be permitted to return the policy or contract within a minimum of
            ten (10) days of its delivery to that person and to have a refund of the premium paid,
            if after examination of the policy or contract the purchaser is not satisfied with
            it for any 

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§ 27-4-6.1. Right to examine and return policy.

Every individual life insurance policy delivered or issued for delivery in this state after July 1, 1978, and every individual annuity contract delivered in this state after January 1, 1995, shall contain a provision, or in a separate rider attached when delivered, stating in substance that the person to whom the policy or contract is issued shall be permitted to return the policy or contract within a minimum of ten (10) days of its delivery to that person and to have a refund of the premium paid, if after examination of the policy or contract the purchaser is not satisfied with it for any reason. Every individual life insurance policy and every individual annuity contract delivered in this state after January 1, 2008, shall contain a provision, or in a separate rider attached when delivered, stating in substance that the person to whom the policy or contract is issued shall be permitted to return the policy or contract within a minimum of twenty (20) days of its delivery to that person and to have a refund of the premium paid, if after examination of the policy or contract the purchaser is not satisfied with it for any reason. The provision shall be set forth in the policy or contract under an appropriate caption and, if not printed on the face page of the policy or contract, adequate notice of the provision shall be printed or stamped conspicuously on the face page. The policy or contract may be returned to the insurer at its home or branch office or to the insurance producer through whom it was applied for, and then shall be void as from the beginning and as if the policy or contract had not been issued.