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Test Bank 2: Primerica Life Insurance ||100% Correct
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Primerica Pre-licensing Course Solved 
Exam |Question and Answers| 100% 
Correct 
agent *Ans* legal representative of an insurance company; the classification of producer 
usually includes agents and brokers; agents are the agents of the insurer 
insured *Ans* the person covered by the insurance ...
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Add to cartPrimerica Pre-licensing Course Solved 
Exam |Question and Answers| 100% 
Correct 
agent *Ans* legal representative of an insurance company; the classification of producer 
usually includes agents and brokers; agents are the agents of the insurer 
insured *Ans* the person covered by the insurance ...
Primerica Chapter 1 Questions Guide 
|100% Correct Answer| #VERIFIED 
What do individuals use to transfer their risk of loss to a larger group? *Ans* 
Insurance 
Best Describe the MIB *Ans* Nonprofit organization that maintains underwriting 
information on applicants for life and health insurance...
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Add to cartPrimerica Chapter 1 Questions Guide 
|100% Correct Answer| #VERIFIED 
What do individuals use to transfer their risk of loss to a larger group? *Ans* 
Insurance 
Best Describe the MIB *Ans* Nonprofit organization that maintains underwriting 
information on applicants for life and health insurance...
Primerica Life Insurance Chapter 5: 
Annuities |Question and Answer| 100% 
Correct 
Deferred *Ans* Withheld or postponed until a specified time or event in the future 
IRS *Ans* Internal Revenue Service: Responsible for tax collection and tax 
enforcement 
Life Contingency *Ans* Depended on wheth...
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Add to cartPrimerica Life Insurance Chapter 5: 
Annuities |Question and Answer| 100% 
Correct 
Deferred *Ans* Withheld or postponed until a specified time or event in the future 
IRS *Ans* Internal Revenue Service: Responsible for tax collection and tax 
enforcement 
Life Contingency *Ans* Depended on wheth...
Primerica Exam |Question and Answer| 
100% Correct 
Which of the following is not ordinary life insurance? a. A life paid up to 65 policy 
b. A 30 year decreasing term policy 
c. A group life insurance policy 
d. A 20-year endowment policy *Ans* c. A group life insurance policy 
A failure to commu...
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Add to cartPrimerica Exam |Question and Answer| 
100% Correct 
Which of the following is not ordinary life insurance? a. A life paid up to 65 policy 
b. A 30 year decreasing term policy 
c. A group life insurance policy 
d. A 20-year endowment policy *Ans* c. A group life insurance policy 
A failure to commu...
Life Insurance Primerica Solved Exam 
|Question and Answer| 100% Correct 
401 k plan *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 *Ans* Absolute: A permanent and irrevocable t...
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Add to cartLife Insurance Primerica Solved Exam 
|Question and Answer| 100% Correct 
401 k plan *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 *Ans* Absolute: A permanent and irrevocable t...
Primerica Exam General 100% Correct 
Answers |Question and Answer| 
An insurer has made all of the decisions regarding the provisions included in the insured's policy. 
The insured finds an objectionable provision and wants to negotiate it with the insurer but is not 
allowed to do so. Her only ...
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Add to cartPrimerica Exam General 100% Correct 
Answers |Question and Answer| 
An insurer has made all of the decisions regarding the provisions included in the insured's policy. 
The insured finds an objectionable provision and wants to negotiate it with the insurer but is not 
allowed to do so. Her only ...
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PRIMERICA LIFE INSURANCE EXAM 
2024 |Question and Answer| 100% 
Correct 
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 ins...
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Add to cartPRIMERICA LIFE INSURANCE EXAM 
2024 |Question and Answer| 100% 
Correct 
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 ins...
Primerica-Life Insurance, All Core 
Exams |Question and Answer| 100% 
Correct 
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 *Ans* d. insurable interest-STOLI purchaser doesn't kn...
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Add to cartPrimerica-Life Insurance, All Core 
Exams |Question and Answer| 100% 
Correct 
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 *Ans* d. insurable interest-STOLI purchaser doesn't kn...
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