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Primerica Pre-licensing Course Exam Questions and Answers with Complete Solutions
Primerica Pre-licensing Course Exam Questions and Answers with Complete Solutions
[Mostrar más]Primerica Pre-licensing Course Exam Questions and Answers with Complete Solutions
[Mostrar más]401k plan - A qualified retirement plan in which the 
employee can set aside a portion of their income 
with pre-tax dollars. 
 
Absolute Assignment - A permanent and irrevocable transfer 
of rights and/or benefits by the policy owner. 
 
Collateral Assignment - A temporary and/or revocable transfer...
Vista previa 2 fuera de 5 páginas
Añadir al carrito401k plan - A qualified retirement plan in which the 
employee can set aside a portion of their income 
with pre-tax dollars. 
 
Absolute Assignment - A permanent and irrevocable transfer 
of rights and/or benefits by the policy owner. 
 
Collateral Assignment - A temporary and/or revocable transfer...
Agent/Producer - a legal representative of an insurance company; the classification of producer usually includes agents and brokers; agents are the agents of the insurer 
 
Applicant or purposed insured - A person applying for insurance 
 
Broker - An insurance producer not appointed by and insurer ...
Vista previa 1 fuera de 3 páginas
Añadir al carritoAgent/Producer - a legal representative of an insurance company; the classification of producer usually includes agents and brokers; agents are the agents of the insurer 
 
Applicant or purposed insured - A person applying for insurance 
 
Broker - An insurance producer not appointed by and insurer ...
An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the insurance company that was not taxable. This year, she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy? 
 
a. mutual 
b. reciprocal 
c. nonp...
Vista previa 4 fuera de 42 páginas
Añadir al carritoAn insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the insurance company that was not taxable. This year, she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy? 
 
a. mutual 
b. reciprocal 
c. nonp...
The receipt given to a life insurance applicant when the application is completed and the initial premium is received is called a(n) - conditional receipt 
 
Statements in the application for insurance that are believed to be true to the best of the applicant's knowledge are called - representation...
Vista previa 1 fuera de 4 páginas
Añadir al carritoThe receipt given to a life insurance applicant when the application is completed and the initial premium is received is called a(n) - conditional receipt 
 
Statements in the application for insurance that are believed to be true to the best of the applicant's knowledge are called - representation...
agent - legal representative of an insurance company; the classification of producer usually includes agents and brokers; agents are the agents of the insurer 
 
insured - the person covered by the insurance policy; this person may or may not be the policyowner 
 
broker - an insurance agent not app...
Vista previa 3 fuera de 20 páginas
Añadir al carritoagent - legal representative of an insurance company; the classification of producer usually includes agents and brokers; agents are the agents of the insurer 
 
insured - the person covered by the insurance policy; this person may or may not be the policyowner 
 
broker - an insurance agent not app...
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