A Medicare Supplement policy is issued with a "Free Look" period. This is usually a minimum of:

A Medicare Supplement policy typically includes a "Free Look" period of a minimum of 30 days. This period allows new policyholders to review the terms and conditions of the policy and determine if it meets their needs. During this time, individuals have the right to cancel the policy without any penalty or financial obligation, which promotes consumer protection and confidence in their decision. This duration strikes a balance, giving individuals enough time to fully assess the policy while encouraging timely review and decisions regarding their healthcare insurance choices.

The other options reflect durations that do not align with standard regulatory practices regarding Medicare Supplement policies. A period shorter than 30 days may not provide sufficient time for a thorough evaluation, while longer durations could be less common and potentially create administrative delays in policy processing. Thus, 30 days represents a well-established standard in the insurance industry for these types of policies.