Which option would likely be included as an exclusion in a life insurance policy?

The exclusion related to suicide within the first two years of a life insurance policy is commonly included to mitigate the risk that individuals may take out a policy with the intention of committing suicide shortly thereafter. This clause is in place to protect against potential moral hazards in the insurance market, where someone might be incentivized to take their own life knowing their beneficiaries would receive a payout shortly after. By excluding claims related to suicide within this initial period, insurers manage their risk and maintain the integrity of the policy.

In contrast, death from a terminal illness, accidental drowning, and death from a heart attack are typically not excluded events under life insurance policies. These situations generally align with the intended purpose of insurance, which is to provide financial protection for beneficiaries in the case of unforeseen or unfortunate events. Thus, they would usually result in a valid claim under the policy terms.