Jerron purchases a term life policy on April 6th. Two weeks after taking delivery of the policy, on April 20th, Jerron decides that the he is not happy with the policy and he asks the insurance agent to have the policy cancelled. Which of the following statements about Jerron’s request to cancel the policy is CORRECT?
a)		Jerron’s ability to cancel the policy is governed by the terms of the insurance contract.
b)		Jerron can cancel the policy, but he will not receive a refund for the premiums he paid.
c)		Jerron has the right to rescind the contract and his premiums will be refunded.
d)		Jerron has the right to cancel the policy for a full refund anytime during the two year rescission period.