Annuities can liquidate - Study guides, Class notes & Summaries
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PRIMERICA LIFE INSURANCE EXAM. All Most Examined Questions Bank with answers. 100% verified. Rated A.
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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 ...
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Idaho Insurance Exam
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Net Single Premium - Answer- Premium that a person must pay in a lump sum to receive all the benefits promised in the policy if no insurer expenses were considered 
 
Insurers will also consider which of the following in evaluating risk. - Answer- Numerical rating system to evaluate the risk posed by proposed insureds 
 
Key difference between variable life and variable universal life insurance - Answer- Variable life insurance require a fixed premium payable for the life of the policy while var...
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Idaho Insurance Exam 2024 with 100% complete solutions
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Net Single Premium correct answersPremium that a person must pay in a lump sum to receive all the benefits promised in the policy if no insurer expenses were considered 
 
Insurers will also consider which of the following in evaluating risk. correct answersNumerical rating system to evaluate the risk posed by proposed insureds 
 
Key difference between variable life and variable universal life insurance correct answersVariable life insurance require a fixed premium payable for the life of the p...
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Primerica Exam Prep Questions with Answers Latest Updated 2024 Graded A+
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Primerica Exam Prep Questions with Answers Latest Updated 2024 Graded A+. An insurer has made all of the decisions regarding the provisions included in the 
insured's policy. The insured finds an objectionable provision and wants to negotiate 
it with the insurer but is not allowed to do so. Her only options are to reject the policy 
or accept it as is. Which contract feature does this describe? 
a) Unilateral 
b) Conditional 
c) Personal 
d) Adhesion - Answer Adhesion 
An insurance policy that...
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Idaho Insurance Exam (A+ GRADED)
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Net Single Premium correct answers Premium that a person must pay in a lump sum to receive all the benefits promised in the policy if no insurer expenses were considered 
 
Insurers will also consider which of the following in evaluating risk. correct answers Numerical rating system to evaluate the risk posed by proposed insureds 
 
Key difference between variable life and variable universal life insurance correct answers Variable life insurance require a fixed premium payable for the life of th...
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Primerica - Exam test Questions Answers with complete solution
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Primerica - Exam test Questions Answers with complete solution 
 
An insurer has made all of the decisions regarding the provisions included in the insured's policy. The insured finds an objectionable provision and wants to negotiate it with the insurer but is not allowed to do so. Her only options are to reject the policy or accept it as is. Which contract feature does this describe? 
a) Unilateral 
b) Conditional 
c) Personal 
d) Adhesion Adhesion 
 
An insurance policy that only requires a p...
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PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023
- Exam (elaborations) • 43 pages • 2023
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PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023 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 ...
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Idaho Insurance Exam 2023-2024 Questions & Answers 100% ACCURATE!!
- Exam (elaborations) • 5 pages • 2023
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Net Single Premium - ANSWER-Premium that a person must pay in a lump sum to receive all the benefits promised in the policy if no insurer expenses were considered 
 
Insurers will also consider which of the following in evaluating risk. - ANSWER-Numerical rating system to evaluate the risk posed by proposed insureds 
 
Key difference between variable life and variable universal life insurance - ANSWER-Variable life insurance require a fixed premium payable for the life of the policy while variab...
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Primerica - Exam test Questions with correct solutions.
- Exam (elaborations) • 19 pages • 2024
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Primerica - Exam test Questions with correct solutions. 
 
 
 
 
 
 
 
 
 
 
An insurer has made all of the decisions regarding the provisions included in the insured's policy. The insured finds an objectionable provision and wants to negotiate it with the insurer but is not allowed to do so. Her only options are to reject the policy or accept it as is. Which contract feature does this describe? 
a) Unilateral 
b) Conditional 
c) Personal 
d) Adhesion - correct answers.Adhesion 
 
An insurance ...
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Idaho Insurance Exam 2023-2024 Questions and Answers 100% ACCURATE!!
- Exam (elaborations) • 5 pages • 2023
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Key difference between variable life and variable universal life insurance - ANSWER-Variable life insurance require a fixed premium payable for the life of the policy while variable universal life permits premium flexibility. 
 
Survivorship life insurance policies - ANSWER-Insure more than one person but pay the death benefit only when the second insured dies. Premiums are about the same as for two comparable single-life policies 
 
What are survivorship life insurance policies primarily for - ...
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