In Pennsylvania, you get at least 10 days to return a new life policy for a refund, a 31 day grace period if you miss a payment, and up to $300,000 of protection if your insurance company fails.
Your rights in Pennsylvania
- Free look
- 10 daysReturn a new policy for a full refund.
- Grace period
- 31 daysCoverage stays on while you catch up.
- Safety net
- $300,000Death benefit protection. Cash value: $100,000.
- State help line
- 1-877-881-6388Pennsylvania Insurance Department
10 days for individual life (40 P.S. 510c). 20 days if the policy replaces an existing one (31 Pa. Code 81.6(d)).
- If a new policy replaces one you have, Pennsylvania gives you 20 days from delivery to return it for a refund (31 Pa. Code 81.6).
Who lives in Pennsylvania
About 13.1 million people live in Pennsylvania. We help people in Philadelphia, Pittsburgh, Allentown Bethlehem and the towns in between.
Census QuickFacts, American Community Survey 2020 to 2024.
What people in Pennsylvania look for
With 69.3% of homes owned and a median value of $254,500, a lot of families want the house covered. More on mortgage protection
21.4% of people here are 65 or older. A small policy keeps funeral costs off your family. More on final expense
The lowest price for the most coverage while the kids are young. More on term life
632,183 veterans live in Pennsylvania. See what goes beyond VGLI. More on veterans
Common questions in Pennsylvania
What is the free look period for life insurance in Pennsylvania?
Pennsylvania gives you at least 10 days to review a new individual life policy and return it for a refund. 10 days for individual life (40 P.S. 510c). 20 days if the policy replaces an existing one (31 Pa. Code 81.6(d)).
Source: Pennsylvania free look law
What happens if I miss a payment in Pennsylvania?
Pennsylvania law gives at least a 31 day grace period. Your policy stays in force during the grace period. Pay before it ends to keep your coverage.
Source: Pennsylvania grace period law
What if my life insurance company goes out of business in Pennsylvania?
The Pennsylvania Life & Health Insurance Guaranty Association steps in. It protects up to $300,000 in death benefits and $100,000 in cash value, per insured person, as of June 2025.
Source: Pennsylvania Life & Health Insurance Guaranty Association · NOLHGA: how you are protected
Who regulates life insurance in Pennsylvania?
The Pennsylvania Insurance Department. You can call its consumer help line at 1-877-881-6388 or visit www.pa.gov/agencies/insurance to check an agent's license or file a complaint.
Can I get a life insurance quote online in Pennsylvania?
Yes. Coverfolk works with licensed agents in Pennsylvania. Answer a few questions, confirm your phone with a text code, and an agent shows you real prices. It is free.
Are you a licensed agent? Buy Pennsylvania life insurance leads on Dial Haul.
Sources
- Census QuickFacts Pennsylvania (ACS 2020-2024)
- NOLHGA: How You're Protected (coverage as of June 1, 2025)
- NOLHGA: Contact My Guaranty Association
- NAIC Model Law Chart LI-30, Life Insurance Disclosure (Fall 2023)
- 31 Pa. Code 81.6 (Justia)
- 3rd Cir. opinion citing 40 P.S. 510(b) 31 day grace period
- Pennsylvania Insurance Department
- Pennsylvania Life & Health Insurance Guaranty Association
This is a plain summary of state rules, not legal advice. Your policy and the law control. Call the Pennsylvania Insurance Department if you have a problem with a company or agent.
