Arkansas Life and Health Insurance Practice Exam

For defining preexisting conditions, the look back period is:

1. 12 months

2. 2 years

3. 5 years

4. 10 years

The correct answer is: 5 years

The correct answer is C - 5 years. In the context of defining preexisting conditions in insurance policies, the look back period refers to the timeframe during which an applicant's previous medical history is examined to determine if any preexisting conditions exist. In Arkansas, the standard look back period for preexisting conditions is typically 5 years. This means that insurers will review the applicant's medical records from the preceding 5 years to identify any conditions that might impact coverage or premiums. This timeframe allows the insurer to assess the applicant's health status and any potential risks accurately.