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Primerica life insurance Bundled Exam Questions Package with Correct Answers
Primerica life insurance Bundled Exam Questions Package with Correct Answers
[Show more]Primerica life insurance Bundled Exam Questions Package with Correct Answers
[Show more]Accelerated Benefits - Riders attached to life insurance policies that allow death 
benefits to be used to cover nursing or convalescent home expenses. 
Accidental Death Benefits - A policy rider that states that the cause of death will be 
analyzed to determine if it complies with the policy desc...
Preview 3 out of 19 pages
Add to cartAccelerated Benefits - Riders attached to life insurance policies that allow death 
benefits to be used to cover nursing or convalescent home expenses. 
Accidental Death Benefits - A policy rider that states that the cause of death will be 
analyzed to determine if it complies with the policy desc...
Risk - uncertainty of a financial loss; 2 types 
Two typed of risks - Pure (Insurable) and speculative (uninsurable) 
Benefits of purchasing insurance? - You get to transfer financial risk left after passing 
to insurance company 
Law of large numbers - the larger the size of the group the more acc...
Preview 2 out of 8 pages
Add to cartRisk - uncertainty of a financial loss; 2 types 
Two typed of risks - Pure (Insurable) and speculative (uninsurable) 
Benefits of purchasing insurance? - You get to transfer financial risk left after passing 
to insurance company 
Law of large numbers - the larger the size of the group the more acc...
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. no...
Preview 4 out of 59 pages
Add to cartAn 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. no...
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