Primerica practice exam 7 Study guides, Class notes & Summaries

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...

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...

1. the purpose of laws regarding the replacement of life and annuity contracts includes all of the following except Answer to protect the interests of life insurance and their agents 2. all of the following would fall under the category of an adverse underwriting decision except Answer failure of the agent to submit the application to an insurance company 3. in order to obtain Group insurance without providing evidence of insura- bility what do eligible individuals generally have to do Answ...

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...

Primerica Life Exam (State) Question and answer 100% solved 2023The McCarran Act stated that the federal government would not regulate insurance as long as an adequate job of regulating the industry was done by the: a. Counties b. Federal Government c. Insurers in a state d. States ? Circulating deceptive sales material to the public is what type of Unfair Trade Practice? a. False advertising b. Defamation c. Coercion d. Misrepresentation ? A "certification of licens...

Primerica Life Exam (State) Question with complete solution The McCarran Act stated that the federal government would not regulate insurance as long as an adequate job of regulating the industry was done by the: a. Counties b. Federal Government c. Insurers in a state d. States ? Circulating deceptive sales material to the public is what type of Unfair Trade Practice? a. False advertising b. Defamation c. Coercion d. Misrepresentation ? A "certification of license st...

Primerica Practice Test 1. The receipt given to a life insurance applicant when the application is completed and the initial premium is received is called a(n) conditional receipt 2. Statements in the application for insurance that are believed to be true to the best of the applicant's knowledge are called representations 3. An annuity is considered fixed when it does all of the following EXCEPT provides the annuitant with an interest rate that is the lesser of the guaranteed or ...

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...

the purpose of laws regarding the replacement of life and annuity contracts includes all of the following except - to protect the interests of life insurance and their agents all of the following would fall under the category of an adverse underwriting decision except - failure of the agent to submit the application to an insurance company in order to obtain Group insurance without providing evidence of insurability what do eligible individuals generally have to do - enroll with a specified...