What is typically required to be printed prominently on the first page of a life insurance policy in Indiana?

In Indiana, it is mandated that life insurance policies include a notice regarding the 10-day free look period printed prominently on the first page. This requirement ensures that policyholders are clearly informed of their rights to review the policy after purchase, allowing them to cancel the policy within ten days if they find it unsatisfactory. This provision serves to protect consumers, offering them a safeguard to assess whether the policy meets their needs before it becomes binding. The visibility of this information on the first page is crucial, as it highlights the importance of the free look period and reinforces the idea that consumers should have the opportunity to thoroughly evaluate their insurance choices. This emphasis on consumer rights is a key aspect of the regulatory framework governing insurance practices in Indiana.