PRIMERICA-LIFE INSURANCE 2023 QUESTIONS AND ANSWERS100% VERIFIED AND GRADED A+// PRIMERICA LIFE INSURANCE TEST 2023 QUESTIONS AND ANSWERS100% VERIFIED AND GRADED A+// UCANPASS PRIMERICA FLASHCARDS 2023 QUESTIONS AND ANSWERS100% VERIFIED
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1. An annuity that is purchased with a lump sum premium and whose benefits begin after 12 months is called a: A. Single premium immediate annuity. B. Single premium deferred annuity. C. Level premium variable annuity. D. Flexible premium fixed annuity. - CORRECT ANS Single premium deferre...
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Add to cart1. An annuity that is purchased with a lump sum premium and whose benefits begin after 12 months is called a: A. Single premium immediate annuity. B. Single premium deferred annuity. C. Level premium variable annuity. D. Flexible premium fixed annuity. - CORRECT ANS Single premium deferre...
Explaining to client the advantages of permanent insurance over term and suggesting changing policies - CORRECT ANS All of the following actions can be described as twisting EXCEPT 30 - CORRECT ANS Licensees must file with the Department a branch office registration form within how many d...
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Add to cartExplaining to client the advantages of permanent insurance over term and suggesting changing policies - CORRECT ANS All of the following actions can be described as twisting EXCEPT 30 - CORRECT ANS Licensees must file with the Department a branch office registration form within how many d...
401 K Plan - CORRECT ANS A qualified retirement plan in which the employee can set aside a portion of their income with pre-tax dollars. Absolute Assignment v. Collateral Assignment - CORRECT ANS Absolute: A permanent and irrevocable transfer of rights and/or benefits by the policyowner. ...
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Add to cart401 K Plan - CORRECT ANS A qualified retirement plan in which the employee can set aside a portion of their income with pre-tax dollars. Absolute Assignment v. Collateral Assignment - CORRECT ANS Absolute: A permanent and irrevocable transfer of rights and/or benefits by the policyowner. ...
An example of an alien insurer doing business in this state is one formed under the laws of - CORRECT ANS Mexico Partners in a business want to make sure that if - CORRECT ANS Buy-Sell Agreement Ten years ago an insured purchased a life insurance policy designed to pay his family $500 - ...
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Add to cartAn example of an alien insurer doing business in this state is one formed under the laws of - CORRECT ANS Mexico Partners in a business want to make sure that if - CORRECT ANS Buy-Sell Agreement Ten years ago an insured purchased a life insurance policy designed to pay his family $500 - ...
The receipt given to a life insurance applicant when the application is completed and the initial premium is received is called a(n) - CORRECT ANS conditional receipt Statements in the application for insurance that are believed to be true to the best of the applicant's knowledge are called -...
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Add to cartThe receipt given to a life insurance applicant when the application is completed and the initial premium is received is called a(n) - CORRECT ANS conditional receipt Statements in the application for insurance that are believed to be true to the best of the applicant's knowledge are called -...
Stranger-oriented life insurance policies are in direct opposition to the principle of a. law of large numbers b. good faith c. indemnity d. insurable interest - CORRECT ANS d. insurable interest-STOLI purchaser doesn't know the insured, or have any interest in the insured's longevity, s...
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Add to cartStranger-oriented life insurance policies are in direct opposition to the principle of a. law of large numbers b. good faith c. indemnity d. insurable interest - CORRECT ANS d. insurable interest-STOLI purchaser doesn't know the insured, or have any interest in the insured's longevity, s...
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