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PRIMERICA PRACTICE TEST EXAM WITH 100% ACCURATE ANSWERS
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PRIMERICA PRACTICE TEST EXAM WITH 100% ACCURATE ANSWERS
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PRIMERICA PRACTICE TEST EXAMWITH 100% ACCURATE ANSWERS
, PRIMERICA PRACTICE TEST EXAM
WITH 100% ACCURATE ANSWERS
What is the purpose of the grace period in life insurance policies - correct answersto protect the
policyowner against an unintentional lapse of the policy
What type of permanent insurance allows the policyowner to pay for a policy in a specified period of
time, and the policyowner does not have to make any more premium payments for the life of the
policy? - correct answerslimited payment
What does the payor benefit rider protect? - correct answerspremium payments for a juvenile policy
The receipt given to a life insurance applicant when the application is completed and the initial premium
is received is called a(n) - correct answersconditional receipt
Statements in the application for insurance that are believed to be true to the best of the applicant's
knowledge are called - correct answersrepresentations
An annuity is considered fixed when it does all of the following EXCEPT - correct answersprovides the
annuitant with an interest rate that is the lesser of the guaranteed or current rate
The most common type of whole life insurance where premiums are payable over the whole life of the
insured to age 100 is called - correct answerscontinuous premium (straight) life
The policy and a copy of the application, along with any riders and amendments, is called the - correct
answersentire contract
Money borrowed from the policy's cash value is - correct answersnot taxable
Which of the following annuity products requires an agent to hold a securities license? - correct
answersvariable annuities
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