Is stolen protection free?
My phone updated and when it finished ask if I want to turn on stolen protection I click yes then I realize I did not read if this service is free and how to turn it off! Is it free?
iPhone 12, iOS 17
Know more --> About Stolen Device Protection for iPhone
See the pic below which is self-explanatory
Probably you have "Always" Ticked in place of "Away from Familiar Location"
For enhanced security, there's a one-hour delay when changing your location settings from "Always" to "Away from Familiar Location." This applies even if you use Face ID for authentication.
A delay will be required when you are not at a familiar location, such as your home or work, to change security settings.