Primerica Life Insurance

PRIMERICA LIFE INSURANCE EXAM WITH VERIFIED ANSWERS 100% and Explanations 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 insurer did the insured purchase the policy? a. mutual b. reciprocal c. nonprofit service organization d. stock (Correct Answer) - A. mutual funds not paid out after paying claims and other opera...

Primerica Life Insurance License Questions and correct answers Which law is the foundation of statistical prediction of loss upon which rates for insurance are calculated? A) Law of Group Evaluation C) Law of Masses D) Law of Averages A producer who fails to segregate premium monies from his own personal funds is guilty of: A) Theft C) Larceny D) Embezzlement In insurance, an offer is usually made when: . B) The insurer approves the application and receives the initial premium ...

Primerica Practice Test With all answers correct The receipt given to a life insurance applicant when the application is completed and the initial premium is received is called a(n) Statements in the application for insurance that are believed to be true to the best of the applicant's knowledge are called An annuity is considered fixed when it does all of the following EXCEPT The most common type of whole life insurance where premiums are payable over the whole life of the insured to...

Primerica life insurance state exam with answered solutions Deferred Annuity. Human life values approach What time must the producer present the applicant with a notice regarding replacement of life insurance Risk MIB (medical information bureau Perjury Universal life The right to a full refund of premiums for insureds age 60 or older The premium modes Concealment Tax sheltered annuity (tsa) Intent of replacement regulations. Reinstatement. Alien insurer ...

PRIMERICA LIFE INSURANCE EXAM WITH VERIFIED ANSWERS 100% 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 insurer did the insured purchase the policy? Following a career change, an insured is no longer required to perform many physical activities, so he has implemented a program where he walks and jogs for 45 minutes each mo...