Primerica
Liberty University
Page 3 out of 26 results
Sort by
-
primerica exam 6 QUESTIONS WITH COMPLETE SOLUTIONS
- Exam (elaborations) • 6 pages • 2023
- Available in package deal
-
- $9.99
- + learn more
A person who does not lock the doors or does not repair leaks shows an indifferent attitude. This person presents what type of hazard? correct answer: Morale 
 
All of the following are beneficiary designations EXCEPT correct answer: Specified. 
 
An insurer's liability shall be limited to correct answer: The face amount of an individual insurance policy, subject to any exclusions and riders as applicable, minus any outstanding policy loans and interest payments due the insurer. 
 
As part o...
-
Primerica Life Insurance| 75 QUESTIONS| WITH COMPLETE SOLUTIONS
- Exam (elaborations) • 10 pages • 2023
-
Available in package deal
-
- $9.99
- + learn more
Risk correct answer: uncertainty of a financial loss; 2 types 
 
Two typed of risks correct answer: Pure (Insurable) and speculative (uninsurable) 
 
Benefits of purchasing insurance? correct answer: You get to transfer financial risk left after passing to insurance company 
 
Law of large numbers correct answer: the larger the size of the group the more accurately the experience aka predicted losses of that group can be predicted 
 
Policyowner correct answer: person who owns policy, pays ...
-
Primerica Practice Exam Test A| 75 QUESTIONS| WITH COMPLETE SOLUTIONS
- Exam (elaborations) • 15 pages • 2023
- Available in package deal
-
- $10.49
- + learn more
1. An annuity that is purchased with a lump sum premium and whose benefits begin after 12 months is called a: 
A. Single premium immediate annuity. 
B. Single premium deferred annuity. 
C. Level premium variable annuity. 
D. Flexible premium fixed annuity. correct answer: Single premium deferred annuity 
 
2. A technique used to determine the amount of life insurance needed by focusing on the projected earning potential of an insured is called the: 
A. Needs approach. 
B. Future income option...
-
PRIMERICA LIFE INSURANCE EXAM QUESTIONS WITH COMPLETE SOLUTIONS 2023
- Exam (elaborations) • 72 pages • 2023
-
Available in package deal
-
- $17.99
- + learn more
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 correct 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 ...
-
Primerica Practice Test Part 1 QUESTIONS WITH COMPLETE SOLUTIONS 2023
- Exam (elaborations) • 7 pages • 2023
- Available in package deal
-
- $9.99
- + learn more
Primerica Practice Test Part 1 QUESTIONS WITH COMPLETE SOLUTIONS 2023
As you read this, a fellow student has made another $4.70
-
Primerica Practice Test with QUESTIONS WITH COMPLETE SOLUTION 2023
- Exam (elaborations) • 7 pages • 2023
- Available in package deal
-
- $9.99
- + learn more
The receipt given to a life insurance applicant when the application is completed and the initial premium is received is called a(n) correct answer: conditional receipt 
 
Statements in the application for insurance that are believed to be true to the best of the applicant's knowledge are called correct answer: representations 
 
An annuity is considered fixed when it does all of the following EXCEPT correct answer: provides the annuitant with an interest rate that is the lesser of the guara...
How did he do that? By selling his study resources on Stuvia. Try it yourself! Discover all about earning on Stuvia