Primerica exam review - Study guides, Class notes & Summaries

Primerica Exam Review Questions with Complete Answers

If an insurer meets the state's financial requirements and is approved to transact business in the state, it is considered to be - ANSWER-Authorized A participating insurance policy may do which of the following? - ANSWER-Pay dividends to the policy owner An insured owns a life insurance policy. To be able to pay some of her medical bills, she withdraws a portion of the policy's cash value. There is a limit for a withdrawal and the insurer charges a fee. What type of policy does the insu...

Primerica Life Insurance Exam Review Questions with complete solutions- Graded A+ If an insurer meets the state's financial requirements and is approved to transact business in the state, it is considered to be --Authorized A participating insurance policy may do which of the following? --Pay dividends to the policy owner An insured owns a life insurance policy. To be able to pay some of her medical bills, she withdraws a portion of the policy's cash value. There is a limit for a withdra...

Document Content and Description Below QUESTIONS THAT NEED REVIEW BEFORE EXAM. Primerica Exam Preview Questions with answers. 100% verified predictor quizzes. If the insurer provides a ten-day free-look period for a life insurance p olicy it sells, when may it give the Buyer's Guide and policy summary to the policyowner? - when the policy is delivered If an insurer provides for a free-look period of at least ten days, it may deliver the Buyer's Guide. Otherwise, the insurer must deliver the B...

PRIMERICA END OF SECTION EXAM QUESTION AND ANSWERS ALL COLLECT To whom are you permitted to make an unsolicited telephone call to market new products ("cold-call") if they have signed up on the National Do Not Call List (DNCL)? The correct answer: someone with whom you already have a business relationship Which of the following statements about Mutual Fund Dealers Association of Canada (MFDA) is CORRECT? The correct answer: It is a self-regulatory organization for the distribution side of ...

Life Insurance Primerica Questions and Answers 2023 401 k plan 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 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 Policy provision that allows full or partial payment o...

If an insurer meets the state's financial requirements and is approved to transact business in the state, it is considered to be Authorized A participating insurance policy may do which of the following? Pay dividends to the policy owner An insured owns a life insurance policy. To be able to pay some of her medical bills, she withdraws a portion of the policy's cash value. There is a limit for a withdrawal and the insurer charges a fee. What type of policy does the insured most...

If an insurer meets the state's financial requirements and is approved to transact business in the state, it is considered to be Authorized A participating insurance policy may do which of the following? Pay dividends to the policy owner 00:02 01:24 An insured owns a life insurance policy. To be able to pay some of her medical bills, she withdraws a portion of the policy's cash value. There is a limit for a withdrawal and the insurer charges a fee. What type of policy...