Ca life insurance exam Study guides, Class notes & Summaries

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 (Ans- 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 funds are...

CA Life Insurance Exam

PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023/2024 WITH RATIONALES GUARANTEED PASS

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 ...

CA LIFE AND HEALTH INSURANCE EXAM KEY FACTS QUESTIONS AND ANSWERS

PRIMERICA LIFE INSURANCE EXAM 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 The answer is: A. Mutual

CA LIFE INSURANCE PRACTICE EXAM 2024 WITH 100% CORRECT ANSWERS A key person is typically all of the following, except: - correct answer -Not directly involved in sales, production, or service Key persons are employees whose contributions have a significant impact on the revenue and profitability of the company, especially in small businesses. They are typically: part of the management team, more highly paid, respected by customers, creditors, suppliers, and vendors, and have direct respo...

PRIMERICA LIFE INSURANCE EXAM 2024/2025 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 - Precise Answer A. mutual funds not paid out after paying claims and other operating costs are returned to the po...