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Primerica life insurance License chapter 2 Exam Questions With Verified Answers Attained age - answerthe insured's age at the time the policy is issued or renewed cash value - answerA policy's savings element or living benefit face amount - answerthe amount of benefit stated in the life insura...

Primerica Chapter 3: Life insurance policies Exam Questions With Verified Answers Attained Age - answerInsured's age at the time the policy is issued or renewed. Deferred - answerWitheld or postponed until a specific time or event in the future. Endow - answerto have cash value of a whole life ...

Primerica Life Insurance In Person Class Exam Questions With Verified Answers What is a provision? - answerDefine the standard characteristics of all policies. No need to add these items, it usually comes with the policy Entire Contract - answerThink R.A.P., this is what it includes R- Riders ...

Primerica Practice Exam Questions With Verified Answers An applicant who is visually impaired has what type of hazard? - answerPhysical What information is NOT required prior to making a recommendation for the purchase of an annuity? - answerHealth status When assessing a consumer's need for l...

Primerica Practice Exam B Questions With Verified Answers 1. The annuity income amount is based on whose life? A. Owner B. Insured C. Annuitant D. Beneficiary - answerannuitant 2. An injured party to a contract is able to rescind the contract for A. Representations. B. Unintentional conceal...

Primerica Life Insurance Focused Exam Questions With Verified Answers The paid-up addition option uses the dividend - answerTo purchase a smaller amount of the same type of insurance as the original policy. An applicant for insurance is requesting more information from her agent about a claim th...

Primerica( life insurance policies ) Exam Questions With Verified Answers What happen to the cash value when a whole life insurance policy matures? - answerCash value is paid to the policy owner, what is the major difference between the most common types of whole life policies: straight life, l...

Primerica. Life insurance Exam Questions With Verified Answers 401(k) plan - answerA qualified retirement plan in which the employee can set aside a portion of their income with pre-tax dollars. Absolute Assignment v. Collateral Assignment - answerAbsolute: A permanent and irrevocable transfer ...

Primerica - Life Insurance Basics (AZ) Exam Questions With Verified Answers All of the following are duties and responsibilities of producers at the time of application EXCEPT A - Change any incorrect statement on the application by personally initialing next to the corrected statement. B - Ex...

Primerica Exam Questions And Answers Fully Verified The type of policy that can be changed from one that does not accumulate cash value to the one that does is a - answerconvertible term policy The policy owner wants to make sure that upon his death, the life policy will pay a portion of the pr...