Life insurance primerica Study guides, Class notes & Summaries

Life Insurance Primerica Exam Questions and Answers 2023

Life Insurance Primerica Exam Questions with correct Answers

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...

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? - ANSWERSup 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? - ANSWERSConcealment The abandonment provision in...

PRIMERICA LIFE INSURANCE EXAM. All Most Examined Questions Bank with answers. 100% verified. Rated A. 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 ...

Primerica Life Insurance Practice Test Questions and Answers 2023 (Verified Answers) Primerica Life Insurance Practice Test Questions and Answers 2023 (Verified Answers)

401 k plan correct answers 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 correct answers 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 correct answers Policy provision that allows full or partial payment of the pol...

Primerica Life Insurance Practice Test Questions and Answers 2023 (Verified Answers) Primerica Life Insurance Practice Test Questions and Answers 2023 (Verified Answers)

Life Insurance Primerica Exam @ 2023...

primerica exam review Questions and Answers 2023 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 charge...