Pennsylvania Life and Health Insurance Exam Practice Question
Which policy-term length is pre-selected?
Correct Answer: B
Rationale: The pre-selected policy-term length is typically set at 3 years, aligning with industry standards that cater to long-term commitments and stability for both the insurer and the policyholder. A 2-year term may appeal to some consumers seeking flexibility, but it is not the default option, as longer terms often provide better coverage and lower annual rates. Therefore, while option A offers a shorter duration, it does not reflect the typical pre-selection criteria used to encourage longer-term insurance planning.
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