Yes, the free-look period only applies to new policies. If you have bought a new policy, you will be given 14 days from the day you receive your policy to review your needs. Should you decide to cancel your policy during this 14-day period, we will refund you all the premiums paid after deducting medical fees and other expenses incurred (if any).
No refund will be made after the 14-day period has passed and you will continue to enjoy coverage for the period that you have paid your premiums for.