Reciprocal insurer - Study guides, Class notes & Summaries
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PRIMERICA LIFE INSURANCE EXAM 2024 |Question and Answer| 100% Correct
- Exam (elaborations) • 83 pages • 2024
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PRIMERICA LIFE INSURANCE EXAM 
2024 |Question and Answer| 100% 
Correct 
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 r...
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214 FLORIDA INSURANCE ACTUAL EXAM WITH QUESTIONS AND ANSWERS VERIFIED
- Exam (elaborations) • 49 pages • 2023 Popular
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Multi-Line Insurers - CORRECT ANSWER-________-______ Insurers are insurance 
carriers that offer more than one line of insurance. 
False - CORRECT ANSWER-True or False? Stock Insurance Companies are 
"participating" in that the policyholders receive dividends. 
Attorney-In-Fact - CORRECT ANSWER-Reciprocal Insurers are managed by an 
___________________. 
Association - CORRECT ANSWER-Contrary to popular opinion, Lloyd's of London is 
not an insurer but rather an ____________. 
Limits Catastro...
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Wisconsin Accident and Health Insurance Exam Questions and Correct Answers 100%
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Wisconsin Accident and Health 
Insurance Exam Questions and Correct 
Answers 100% 
Dividends from a stock company are normally sent to: 
Beneficiaries 
Shareholders 
Policy holders 
Insureds - CORRECT ANSWER-Shareholders 
Which of the following financial products creates an instant estate, no matter when the 
date of death? 
Mutual funds 
Life insurance 
Certificate of deposit 
Deferred annuity - CORRECT ANSWER-Life insurance 
Which of the following outlines the authority given to the produ...
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Primerica Life Insurance Exam Questions and Answers Already Passed
- Exam (elaborations) • 99 pages • 2023
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Primerica Life Insurance Exam Questions and Answers Already Passed 
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 and other operating costs are returned to the po...
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PRIMERICA LIFE INSURANCE EXAM | 100% Correct Answers | Verified | Latest 2024 Version
- Exam (elaborations) • 60 pages • 2024
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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 and other operating costs are returned to the policy owners in the 
form of a dividend. if all funds are paid o...
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Michigan Credit Insurance Producer Study Guide with Verified Solutions | Latest 2024/2025
- Exam (elaborations) • 16 pages • 2024
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Producer ️ licensed person who has the authority to sell, solicit, or 
negotiate insurance contracts 
Who has permission to cancel the license? ️ the commissioner 
Agent ️ person or corporation authorized to solicit insurance, collect 
premiums & transact insurance business on behalf of an insurance 
company 
Producer is appointed by who ️ appointed by the agent to represent the 
insurer & an insurer can cancel the appointment of agent 
DIFS ️ Dept of Insurance and Financial Services, ...
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PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2024/ 2025
- Exam (elaborations) • 42 pages • 2023
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PRIMERICA LIFE INSURANCE EXAM 
WITH 100% CORRECT ANSWERS 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 - Correct answer-A. mutual 
funds not paid out after paying claims and other operating costs are re...
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Primerica Life Insurance Exam: Questions & Answers: Latest Updated A+ Guide Solution
- Exam (elaborations) • 59 pages • 2023
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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...
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Primerica Life Insurance Exam 2024 100% Passed
- Exam (elaborations) • 56 pages • 2024
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Primerica Life Insurance Exam 2024 100% Passed 
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 - Answer ️️ -A. mutual 
funds not paid out after paying claims and other operating costs are returned to the po...
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NC Life Insurance Practice Exam Questions and Answers Already Passed
- Exam (elaborations) • 80 pages • 2023
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NC Life Insurance Practice Exam Questions and Answers Already Passed 
All of the following are included within the Insurance Commissioner's duties EXCEPT 
a) Conducting investigation of all domestic insurers. 
b) Reviewing the insurers' annual reports. 
c) Writing North Carolina insurance laws. 
d) Reporting any violations of insurance laws to the Attorney General. Writing insurance law is not the Insurance Commissioner's responsibility, but enforcing the law is. c) Writing North Carolina ins...
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