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Test Bank 1: Primerica Life Insurance ||100% Correct
100% Correct
[Show more]100% Correct
[Show more]Primerica Life Insurance Basic Exam 
|VERIFIED| 2024/2025 
2 
Signing and dating a delivery receipt for a life insurance policy helps to establish all of the 
following timeframes EXCEPT *Ans* The Grace Period. 
Joe, Larry, and Curly own a small business. They have made a legal arrangement which s...
Preview 1 out of 2 pages
Add to cartPrimerica Life Insurance Basic Exam 
|VERIFIED| 2024/2025 
2 
Signing and dating a delivery receipt for a life insurance policy helps to establish all of the 
following timeframes EXCEPT *Ans* The Grace Period. 
Joe, Larry, and Curly own a small business. They have made a legal arrangement which s...
Primerica Practice Test Part 1 [100% 
Correct] 2024 
An insured under a life insurance policy has been diagnosed with a terminal illness and has 
6 months to live. The insured knows that his financial state will worsen even more with the 
upcoming medical expenses. What option could the insured u...
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Add to cartPrimerica Practice Test Part 1 [100% 
Correct] 2024 
An insured under a life insurance policy has been diagnosed with a terminal illness and has 
6 months to live. The insured knows that his financial state will worsen even more with the 
upcoming medical expenses. What option could the insured u...
Primerica Life Insurance State Exam 
|Question and Answer| 100% Correct 
Deferred Annuity *Ans* An annuity in which the income payments begin sometime 
after one year from the date of red annuities can be funded with a single 
lump sum payment so it is referred to as a single premium differed annu...
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Add to cartPrimerica Life Insurance State Exam 
|Question and Answer| 100% Correct 
Deferred Annuity *Ans* An annuity in which the income payments begin sometime 
after one year from the date of red annuities can be funded with a single 
lump sum payment so it is referred to as a single premium differed annu...
Primerica Life Insurance Test Review 
[100% Correct Answer] Q&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...
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Add to cartPrimerica Life Insurance Test Review 
[100% Correct Answer] Q&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...
Primerica Life Insurance Exam |Question 
and Answer| 100% Correct 
Agent/Producer *Ans* A legal representative of an insurance company; the 
classification of -producer- usually includes agents and brokers; agents are the agents of the 
insurer. 
Applicant or proposed insured *Ans* a person apply...
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Add to cartPrimerica Life Insurance Exam |Question 
and Answer| 100% Correct 
Agent/Producer *Ans* A legal representative of an insurance company; the 
classification of -producer- usually includes agents and brokers; agents are the agents of the 
insurer. 
Applicant or proposed insured *Ans* a person apply...
Life Insurance Exam 1 (Primerica) 
#Verified 
401k plan *Ans* 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 *Ans* Absolute: A permanent and irrevocable transfer 
of rights and/or benef...
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Add to cartLife Insurance Exam 1 (Primerica) 
#Verified 
401k plan *Ans* 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 *Ans* Absolute: A permanent and irrevocable transfer 
of rights and/or benef...
Primerica Final Exam Elaboration 
|Question and Answer| 100% Correct 
Agent/Producer *Ans* A legal representative of an insurance company; the 
classification of -producer- usually includes agents and brokers; agents are the agents of the 
insurer. 
Applicant or proposed insured *Ans* a person ap...
Preview 4 out of 34 pages
Add to cartPrimerica Final Exam Elaboration 
|Question and Answer| 100% Correct 
Agent/Producer *Ans* A legal representative of an insurance company; the 
classification of -producer- usually includes agents and brokers; agents are the agents of the 
insurer. 
Applicant or proposed insured *Ans* a person ap...
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