PRIMERICA PRACTICE TEST EXAM QUESTIONS WITH CORRECT VERIFIED ANSWERS LATEST UPDATE (2024/2025) GUARANTEED PASS
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Course
Primerica
Institution
Primerica
PRIMERICA PRACTICE TEST EXAM QUESTIONS WITH CORRECT VERIFIED ANSWERS LATEST UPDATE (2024/2025) GUARANTEED PASSPRIMERICA PRACTICE TEST EXAM QUESTIONS WITH CORRECT VERIFIED ANSWERS LATEST UPDATE (2024/2025) GUARANTEED PASSPRIMERICA PRACTICE TEST EXAM QUESTIONS WITH CORRECT VERIFIED ANSWERS LATEST UPD...
PRIMERICA PRACTICE TEST EXAM
QUESTIONS WITH CORRECT VERIFIED
ANSWERS LATEST UPDATE
(2024/2025) GUARANTEED PASS
If an annuitant dies during the accumulation period, what will the
beneficiary receive? - ANS ✅either the cash value or the premiums paid,
whichever is greater
Any insurer who is NOT approved to do business in this state is considered -
ANS ✅nonadmitted
To prevent people from profiting from a loss, insurers must be certain - ANS
✅insurable interest exists
If a misstatement of age is discovered during the processing of a life
insurance claim, what will the insurer do? - ANS ✅adjusts the death benefit
based on the premiums that were paid
Which of the following allows an insurance company to deny coverage if the
insured's death occurs in a war? - ANS ✅policy exclusions
1
Primerica Practice Test
, Primerica
Each of the following is a typical characteristic of group life insurance
EXCEPT - ANS ✅evidence of insurability is usually required
A life settlement opinion that pays out the death benefit incrementally, in a
specified amount until all of the proceeds are exhausted, is called - ANS
✅fixed-amount installments
A life insurance death benefit paid in a lump sum to a beneficiary is - ANS
✅not subject to any taxes
Which of the follow is NOT a nonforfeiture option in whole life policies? -
ANS ✅accumulation at interest
Which of the following indicates the person upon whose life the annuity
income amount is determined? - ANS ✅annuitant
An annuity that is purchased with a lump-sum payment, and that begins
income payments within one year is a - ANS ✅single premium immediate
annuity
Which statement is INCORRECT concerning policy dividends? - ANS ✅the
insurer may guarantee dividends
What is the risk classification for those who are insurable, but have a higher
than average risk? - ANS ✅substandard
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Primerica Practice Test
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