Life insurance primerica Study guides, Class notes & Summaries
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Primerica Life Insurance Exam 2024 100% Passed
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Primerica Life Insurance Exam 2024 100% Passed 
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 - Answer ️️ -A. mutual 
funds not paid out after paying claims and other operating costs are returned to the po...
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Primerica Life Insurance Practice Questions and Answers
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Primerica Life Insurance Practice Questions and Answers
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Primerica Life Insurance Practice Questions (w/out multiple choice)
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In an insured's neighborhood, individuals are required to pay the fire department if called to their premises. This insured has a homeowner policy. How much will the policy pay for these fire department service charges? 
up to $500 
 
 
When applying for an individual life insurance policy, an applicant states that he went to the doctor for nausea, but fails to mention that he was also having severe chest pains. What is this act called? 
Concealment 
 
 
Brainpower 
0:15 
/ 
0:15 
The abandonme...
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Life Insurance Primerica Training Exam Well Answered 100% 2024.
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401 k plan - Answer 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 - Answer Absolute: A permanent and irrevocable transfer 
of rights and/or benefits by the policyowner. 
Collateral: A temporary and/or revocable transfer 
of benefits by the policyowner. 
 
Accelerated Death Benefit - Answer Policy provision that allows full or partial 
payment of the policy's death be...
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PRIMERICA LIFE INSURANCE EXAM | 100% Correct Answers | Verified | Latest 2024 Version
- Exam (elaborations) • 60 pages • 2024
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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 - A. mutual 
funds not paid out after paying claims and other operating costs are returned to the policy owners in the 
form of a dividend. if all funds are paid o...
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Life Insurance Primerica questions and answers latest top score.
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Life Insurance Primerica questions and answers latest top score. 
 
 
 
 
 
 
 
 
 
 
 
 
 
Which will be included in a policy summary? - correct answers.Premium amounts and surrender values 
 
Why should the producer personally deliver the policy when the first premium has already been paid? - correct answers.To help the insured understand all aspects of the contract 
 
An insurance contract requires that both the insured and the insurer meet certain conditions in order for the contract to be e...
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Life Insurance Primerica questions and answers latest top score.
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Life Insurance Primerica questions and answers latest top score. 
 
 
 
 
 
 
 
401 tk tplan t- t tcorrect tanswer. t t tA tqualified tretirement tplan tin twhich tthe t 
employee tcan tset taside ta tportion tof ttheir tincome t 
with tpre-tax tdollars. 
 
Absolute tAssignment tv. tCollateral t 
Assignment t- t tcorrect tanswer. t t tAbsolute: tA tpermanent tand tirrevocable ttransfer t 
of trights tand/or tbenefits tby tthe tpolicyowner. t 
Collateral: tA ttemporary tand/or trevocable ttransfe...
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LIFE INSURANCE PRIMERICA Exam with Questions of the latest Update and Answers
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Which will be included in a policy summary? - Answer Premium amounts and surrender values 
Why should the producer personally deliver the policy when the first premium has already been 
paid? - Answer To help the insured understand all aspects of the contract 
An insurance contract requires that both the insured and the insurer meet certain conditions in 
order for the contract to be enforceable. What contract characteristic does this describe? - 
Answer Conditional 
If a policy includes a free-...
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Life Insurance Primerica Exam Questions with correct Answers
- Exam (elaborations) • 13 pages • 2023
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Life Insurance Primerica Exam Questions with correct Answers
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Life Insurance Primerica Exam Questions and Answers 2023
- Exam (elaborations) • 16 pages • 2023
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Life Insurance Primerica Exam Questions and 
Answers 2023
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