Pennsylvania Life and Health Insurance Exam Practice Question
What policy-term length is pre-selected?
Correct Answer: B
Rationale: The pre-selected policy-term length is typically set at 3 years, as this duration allows for a balance between providing adequate coverage and affordability for policyholders. A 3-year term often aligns with common practices in various insurance and financial products, making it a standard choice for many consumers.
Option A, 2 years, while a valid term length, is less common as a default and may not provide sufficient coverage for long-term needs. Therefore, it is not the standard pre-selected option. Choosing the right term length is crucial for ensuring that policyholders have the necessary protection and flexibility in their financial planning.
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