An Option Selection data field’s value is selected from a list of options.

The Option Selection options come from two sources:

• A predefined list.
• Risks of a certain risk type.

An Option Selection option from the predefined list contains the following fields:

• Label: A text representation of the option, which is displayed for users.

Note: The label character limit is 250 characters.

• Value: An internal value of the option, which is used in rating.
• Reference Name: A name used to reference the option from different versions.
  

  Note: You can change the Reference Name only from the risk field version it was created in.

Example Option Selection field answers:

• Alarm (Anti-Theft System from the options None, Alarm, and Passive Disabling Devices)
• Standard (Tier from the options Standard and Elite)
• $1,000 (Medical Expense Limit from the options $1,000, $2,000, and $5,000)