Primerica life in - Study guides, Class notes & Summaries

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 policy owners in the form of a dividend. if all funds a...

Primerica Life Insurance Exam (State) 2025/2025 Questions and Answers 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 - CORRECT ANSWER-? Circulating deceptive sales material to the public is what type of Unfair Trade Practice? a. False advertising b. Defamation c. Coercion d. Misrepresentation - CORRECT ANSWER-? ...

Stranger-oriented life insurance policies are in direct opposition to the principle of a. law of large numbers b. good faith c. indemnity d. insurable interest - d. insurable interest-STOLI purchaser doesn't know the insured, or have any interest in the insured's longevity, so it violates the principle of insurable interest Which is generally true regarding insureds who have earned preferred status? a. they keep a higher percentage of any interest earned on their policies b. their prem...

Primerica Life Insurance Testbank | 100% Correct Answers | Verified | Latest 2024 Version

PRIMERICA LIFE INSURANCE TEST

PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2024 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 - ANSWERS A. mutual funds not paid out after paying claims and other operating costs are retur...

PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2024 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 - ANSWERS A. mutual funds not paid out after paying claims and other operating costs are retur...

PRIMERICA LIFE INSURANCE ACTUAL EXAM 1000 COMPLETE QUESTIONS AND VERIFIED DETAILED PRIMERICA LIFE INSURANCE ACTUAL EXAM 1000 COMPLETE QUESTIONS AND VERIFIED DETAILED ANSWERS PRIMERICA LIFE INSURANCE ACTUAL EXAM 1000 COMPLETE QUESTIONS AND VERIFIED DETAILED

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 ...

PRIMERICA LIFE INSURANCE EXAM-with 100% verified solutions -tutor verified