Primerica 3 - Study guides, Class notes & Summaries
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Primerica Life Insurance Exam: 2023/ 2024 New Update (Questions and 100% Verified Answers)
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Primerica Life Insurance Exam: 2023/ 2024 
New Update (Questions and 100% Verified 
Answers) 
1. A married couple owns a permanent policy which covers both of their lives and pays the 
benefit only upon the death of the first insured. Which policy is that? 
A. Survivorship Life Policy 
B. Second-to-Die 
C. Family income policy 
D. Joint life policy 
 Answer: D. Joint life policy 
 
 
 
 
 
2. An annuity owner is funding an annuity that will supplement her retirement. Because she 
does not...
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Primerica 3 Comprehensive Exam Fully Answered 2024.
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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 - Answer c. A group life insurance policy 
 
A failure to communicate information which a party to an insurance contract knows and should communicate, is called an act of: 
a. Concealment 
b. Intimidation 
c. Warranty 
d. Coercion - Answer a. Concealment 
 
When a family policy covers children all of th...
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Primerica Life Insurance Exam Bundle 2024
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Exam (elaborations)
Primerica Life Policy Provisions, Riders, and Options Exam Questions and Answers

2
Exam (elaborations)
Primerica Life License Exam with correct Answers

3
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Primerica Life Insurance Test 100% solved

4
Exam (elaborations)
Primerica life insurance state exam with complete solutions

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Prim
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Primerica Exam 3 Questions and Answers Graded A+
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Primerica Exam 3
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Primerica Chapter 3: Life insurance policies Questions and Answers with Solutions
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Primerica Chapter 3: Life insurance policies Questions and Answers with Solutions
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Chapter 3 Primerica with complete verified solutions 2025
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Chapter 3 Primerica with complete verified solutions 2025
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Primerica Chapter 3: Life insurance policies Exam Questions With Verified Answers
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Primerica Chapter 3: Life insurance policies 
Exam Questions With Verified Answers 
Attained Age - answerInsured's age at the time the policy is issued or renewed. 
Deferred - answerWitheld or postponed until a specific time or event in the future. 
Endow - answerto have cash value of a whole life policy reach the contractural face amount. 
Face Amount - answerThe amount of benefit stated in the LIP. 
Fixed Life Insurance Products - answercontracts that offer guaranteed minimum or fixed 
benefi...
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Primerica Practice Exam B Questions With Verified Answers
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Primerica Practice Exam B Questions With 
Verified Answers 
1. The annuity income amount is based on whose life? 
A. Owner 
B. Insured 
C. Annuitant 
D. Beneficiary - answerannuitant 
2. An injured party to a contract is able to rescind the contract for 
A. Representations. 
B. Unintentional concealment 
C. Health problems 
D. Financial difficulties. - answerunintentional concealment 
3. A whole life policy that will generate immediate cash value is 
A. Single premium. 
B. Continuous premium. 
C...
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Primerica Chapter 3: Life insurance policies Exam Questions With Verified Answers
- Exam (elaborations) • 3 pages • 2024
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Primerica Chapter 3: Life insurance policies 
Exam Questions With Verified Answers 
Attained Age - answerInsured's age at the time the policy is issued or renewed. 
Deferred - answerWitheld or postponed until a specific time or event in the future. 
Endow - answerto have cash value of a whole life policy reach the contractural face amount. 
Face Amount - answerThe amount of benefit stated in the LIP. 
Fixed Life Insurance Products - answercontracts that offer guaranteed minimum or fixed 
benefi...
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Primerica Practice Exam B Questions With Verified Answers
- Exam (elaborations) • 15 pages • 2024
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Primerica Practice Exam B Questions With 
Verified Answers 
1. The annuity income amount is based on whose life? 
A. Owner 
B. Insured 
C. Annuitant 
D. Beneficiary - answerannuitant 
2. An injured party to a contract is able to rescind the contract for 
A. Representations. 
B. Unintentional concealment 
C. Health problems 
D. Financial difficulties. - answerunintentional concealment 
3. A whole life policy that will generate immediate cash value is 
A. Single premium. 
B. Continuous premium. 
C...
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