Primerica 3 - Study guides, Class notes & Summaries
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Primerica Part 3 Exam
- Exam (elaborations) • 3 pages • 2024
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Primerica Part 3 Exam 
activities of daily living (ADLs) - Answer ️️ -a person's essential activities that include bathing, 
dressing, eating, transferring, toileting, continence 
assignment - Answer ️️ -transfer of rights of policy ownership 
consideration - Answer ️️ -something of value that each party gives to the other (binding force 
in any contract). 
indemnity - Answer ️️ -a principle of reimbursement on which insurance is based; in the event 
of loss, an insurer reimburs...
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Primerica Life Insurance Exam | 2023/ 2024 Newly Updated!!! (Questions and 100% Verified Answers)
- Exam (elaborations) • 36 pages • 2023
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Primerica Life Insurance Exam | 2023/ 2024 
Newly Updated!!! (Questions and 100% Verified Answers) 
1. The annuity owner dies while the annuity is still in the accumulation stage. Which of the 
following is TRUE? 
 Answer: The beneficiary will receive the greater of the money paid into 
the annuity or the cash value. 
2. Which of the following best describes what the annuity period is? 
 
 
 
 
 
 Answer: The period of time during which accumulated money is 
converted into income payments...
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Primerica Life Insurance Test Exam | 2023/ 2024 (Questions and Verified Answers ) 100% Correct
- Exam (elaborations) • 39 pages • 2023
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Primerica Life Insurance Test Exam | 2023/ 2024 (Questions and Verified Answers with Rationales) 100% Correct 
 
1.	The reduction of premium option uses the dividend to reduce 
 
 
~	Answer: Next year's premium 
 
 
 
2.	In a non contributory group policy 
 
 
~	Answer: 100% of eligible employees must participate 
 
 
 
3.	A representation in an insurance contract qualifies as a 
 
 
~	Answer: Implied warranty 
 
 
 
4.	Which of the following is NOT true of the agents implied authority 
 
 
~	An...
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Primerica SIE Exam Questions and Answers Graded A+
- Exam (elaborations) • 6 pages • 2024
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Primerica SIE Exam Questions and 
 
Answers Graded A+ 
 
What regulatory body is chiefly responsible for overseeing securities markets, including 
monitoring reporting companies, self-regulatory organizations, and broker-dealers? 
Securities & Exchange Commission (S.E.C.) 
 
In investment terminology, what does NAV stand for? Net Asset Value 
 
What term describes the price at which shares of a mutual fund are offered to the public? 
Public Offering Price (P.O.P.) 
 
Which document provides deta...
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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 Part 3 Exam 2024
- Exam (elaborations) • 3 pages • 2024
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Primerica Part 3 Exam 
activities of daily living (ADLs) - Answer ️️ -a person's essential activities that include bathing, 
dressing, eating, transferring, toileting, continence 
assignment - Answer ️️ -transfer of rights of policy ownership 
consideration - Answer ️️ -something of value that each party gives to the other (binding force 
in any contract). 
indemnity - Answer ️️ -a principle of reimbursement on which insurance is based; in the event 
of loss, an insurer reimburs...
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Primerica - Life Insurance Basics (AZ) Exam Questions With Verified Answers
- Exam (elaborations) • 15 pages • 2024
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Primerica - Life Insurance Basics (AZ) Exam 
Questions With Verified Answers 
All of the following are duties and responsibilities of producers at the time of application 
EXCEPT 
A - Change any incorrect statement on the application by personally initialing next to the 
corrected statement. 
B - Explain the nature and type of any receipt the producer is giving to the applicant. 
C - Probe beyond the stated questions if the producer feels the applicant is misrepresenting or 
concealing informati...
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Primerica Practice Exam Test A 75 Questions & Answers 2023
- Exam (elaborations) • 9 pages • 2023
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Primerica Practice Exam Test A 75 Questions & 
Answers 2023 
1. An annuity that is purchased with a lump sum premium and whose benefits begin 
after 12 months is called a: 
A. Single premium immediate annuity. 
B. Single premium deferred annuity. 
C. Level premium variable annuity. 
D. Flexible premium fixed annuity. - Correct answer-Single premium deferred annuity 
2. A technique used to determine the amount of life insurance needed by focusing on 
the projected earning potential of an insured ...
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Primerica - Life Insurance Basics (AZ) Exam Questions With Verified Answers
- Exam (elaborations) • 15 pages • 2024
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Primerica - Life Insurance Basics (AZ) Exam 
Questions With Verified Answers 
All of the following are duties and responsibilities of producers at the time of application 
EXCEPT 
A - Change any incorrect statement on the application by personally initialing next to the 
corrected statement. 
B - Explain the nature and type of any receipt the producer is giving to the applicant. 
C - Probe beyond the stated questions if the producer feels the applicant is misrepresenting or 
concealing informati...
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Primerica life insurance Bundled Exams with complete solution
- Package deal • 7 items • 2023
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1
Exam (elaborations)
Primerica Exam General 2023 Questions and Answers Verified

2
Exam (elaborations)
Primerica Practice test part 1,part 2 and part 3 Answered Correctly

3
Exam (elaborations)
Primerica - Exam test Questions Answers 2023 with complete solution

4
Exam (elaborations)
Primerica life insurance state exam 2023 with complete solution

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