PRIMERICA LIFE INSURANCE EXAM Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed
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Course
PRIMERICA
Institution
PRIMERICA
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. n...
PRIMERICA LIFE INSURANCE EXAM
Questions & 100% Correct Answers- Latest
Test | Graded A+ | Passed
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. nonprofit service organization
d. stock
✓ -:- A. mutual
funds not paid out after paying claims and other operating costs are returned to the policy
owners in the form of a dividend. if all funds are paid out, no dividends are paid
Following a career change, an insured is no longer required to perform many physical
activities, so he has implemented a program where he walks and jogs for 45 minutes each
morning. The insured has also eliminated most fatty foods from his diet. Which method of
the principal grants authority to an agent through the agent's contract
which of the following best describes an insurance company that has been formed under
the laws of this state?
a. domestic
b. sovereign
c. alien
d. foreign
✓ -:- A. domestic
a company is domestic when doing business within the state in which it is incorporated
which of the following factors is NOT considered by an underwriter when determining the
premium rates for an individual seeking insurance?
4|Page | Grade A+| 2024/2025
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