PRIMERICA LIFE INSURANCE EXAM Questions & 100% Correct Answers- Latest Test | Graded A+ | Passed
7 views 0 purchase
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
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller TestTrackers. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $13.49. You're not tied to anything after your purchase.
