In the state of Georgia, every policy owner must be offered which of the following?

In Georgia, the requirement for insurers to offer a free-look period is an important consumer protection feature. This provision allows policyholders a specified amount of time to review their insurance policy after purchase. During this free-look period, which typically lasts 10 days, the policyholder has the right to cancel the policy for any reason and receive a full refund of any premiums paid. This opportunity ensures that consumers have sufficient time to assess the terms of their coverage without financial risk, promoting informed decision-making in a complex market.

The other options, while they may seem beneficial, do not carry the same mandated consumer protections. Annual premium discounts can be offered at the insurer's discretion, rather than being a requirement. Unlimited claims are not a standard policy feature and would not be sustainable from a business perspective. Similarly, while many insurance policies may offer lifetime renewability, it is not a universal requirement in Georgia law, which means it can vary widely between different insurance products and companies.