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× Gov’t regulator gives policyholders time to study health plans before buying

MANILA, Philippines -- The Insurance Commission (IC) has ordered all insurers in the country to give customers five to 15 days as "free-look period" for health insurance products.

In a statement on Monday, Insurance Commissioner Dennis B. Funa said insurance companies must allow a five-day free-look period for health insurance policies covering six months or less, while a longer 15 days must be…