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Primerica Bundled Exam Questions Package with Correct Answers
Primerica Bundled Exam Questions Package with Correct Answers
[Show more]Primerica Bundled Exam Questions Package with Correct Answers
[Show more]Guaranteed insurability option - An individual is purchasing a permanent life insurance 
with a face value of $25,000. While this is all the insurance that he can afford at this time, he 
wants to be sure that additional coverage will be available in the future. Which of the 
following options sh...
Preview 2 out of 8 pages
Add to cartGuaranteed insurability option - An individual is purchasing a permanent life insurance 
with a face value of $25,000. While this is all the insurance that he can afford at this time, he 
wants to be sure that additional coverage will be available in the future. Which of the 
following options sh...
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 options are to reject the policy or accept it as is. Which 
contract...
Preview 2 out of 15 pages
Add to cartAn 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 options are to reject the policy or accept it as is. Which 
contract...
401 K Plan - 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 - Absolute: A permanent and irrevocable 
transfer 
of rights and/or benefits by the policyowner. 
Collateral: A temporary and/...
Preview 2 out of 14 pages
Add to cart401 K Plan - 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 - Absolute: A permanent and irrevocable 
transfer 
of rights and/or benefits by the policyowner. 
Collateral: A temporary and/...
The receipt given to a life insurance applicant when the application is completed and the 
initial premium is received is called a(n) - conditional receipt 
Statements in the application for insurance that are believed to be true to the best of the 
applicant's knowledge are called - representati...
Preview 2 out of 5 pages
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) - conditional receipt 
Statements in the application for insurance that are believed to be true to the best of the 
applicant's knowledge are called - representati...
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