Primerica practice te - Study guides, Class notes & Summaries

Primerica Practice Test Questions and answers latest update 2024

Primerica Practice Test Part 1 | Questions with 100% Correct Answers | Latest Update 2024 | Verified

Primerica Practice Test 2024 Possible Questions and Answers The receipt given to a life insurance applicant when the application is completed and the initial premium is received is called a(n) - 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 - Answer ️️ -representations An annuity is considered fixed when it does all of the following EXCEPT - Answer ️️ - provides the a...

Primerica Practice Test | Questions with 100% Correct Answers | Latest Update 2024 | Verified

An insured under a life insurance policy has been diagnosed with a terminal illness and has 6 months to live. The insured knows that his financial state will worsen even more with the upcoming medical expenses. What option could the insured utilize? a) Estate liquidation b) Nonpayment of premium c) Change of beneficiary d) Viatical settlement d Which of the following best describes fixed-period settlement option? a) Only the principal amount will be paid out within a specified period of ...

Primerica Practice Test

PRIMERICA PRACTICE TEST 2024 The receipt given to a life insurance applicant when the application is completed and the initial premium is received is called a(n) - 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 - ANSWER representations An annuity is considered fixed when it does all of the following EXCEPT - ANSWER provides the annuitant with an interest rate that is the lesser of the ...

Primerica Practice Test with complete solution

Primerica Practice Test 2024 Possible Questions and Answers The receipt given to a life insurance applicant when the application is completed and the initial premium is received is called a(n) - 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 - Answer ️️ -representations An annuity is considered fixed when it does all of the following EXCEPT - Answer ️️ - provides the a...

The receipt given to a life insurance applicant when the application is completed and the initial premium is received is called a(n) - 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 - Answer- representations An annuity is considered fixed when it does all of the following EXCEPT - Answer- provides the annuitant with an interest rate that is the lesser of the guaranteed or current rate...