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Primerica Chapter 4 with complete verified solutions 2025 $14.49   Add to cart
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Primerica Chapter 4 with complete verified solutions 2025
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Assignment transfer of rights of policy ownership contingent beneficiary a beneficiary who has second claim to the policy proceeds after the death of the insured (usually after death of the primary beneficiary) NAIC National Association of Insurance Commissioners Primary Ben...

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  • September 26, 2024
  • 4
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • Primerica
  • Primerica

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Primerica Chapter 4 with complete
verified solutions 2025

Assignment - answer transfer of rights of policy ownership


contingent beneficiary - answer a beneficiary who has second claim
to the policy proceeds after the death of the insured (usually after
death of the primary beneficiary)


NAIC - answer National Association of Insurance Commissioners


Primary Beneficiary - answer a beneficiary who has the first claim
to the policy proceeds after the death of insured.


Principal Amount - answer the face value of the policy; the original
amount invested before the earnings


standard policy provisions - answer 1. ownership
2. assignment
3. payment of premium
4. right to examine
5. grace period
6. reinstatement
7. inconstestability
8. misstatement of age or gender
9. payment of claims
10. exclusions

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