Which of the following is true about the 10 day free look period in a life insurance policy?

Which of the following is true about the 10 day free look period in a life insurance policy?

Which of the following is TRUE about the 10-day free-look period in a Life Insurance policy? It begins when the policy is delivered. If an insured continually uses the automatic premium loan option to pay the policy premium, The policy will terminate when the cash value is reduced to nothing.