PRIMERICA LIFE INSURANCE
CERTIFICATION SCRIPT 2026 PRACTICE
SOLUTIONS GRADED A+
⩥ Coverage.
Answer: The inclusion of causes of loss (perils) which are covered
within a scope of a policy.
⩥ Credit Life Insurance.
Answer: A special type of coverage written to pay off the balance of a
loan in the event of the death of the debtor.
⩥ Death Benefit.
Answer: The amount payable upon the death of the person whose life is
insured.
⩥ Decreasing Term.
Answer: A type of life insurance that features a level premium and a
death benefit that decreases each year over the duration of the policy.
⩥ Defamation.
,Answer: An unfair trade practice in which one agent or insurer makes an
injurious statement about another with the intent of harming the person's
or company's reputation.
⩥ Dependent.
Answer: A person who relies on another for support and maintenance.
⩥ Director.
Answer: The chief executive and administrative officer of the Insurance
Department (in some states, known as Commissioner or
Superintendent).
⩥ Disclosure.
Answer: An act of identifying the name of the producer, representative
or firm, limited insurance representative, or temporary insurance
producer on any policy solicitation.
⩥ Domestic Insurer.
Answer: An insurance company that conducts business in the state of
incorporation.
⩥ Domicile of Insurer.
Answer: Insurer's location of incorporation and the legal ability to write
business in a state.
, ⩥ Earned Premium.
Answer: The amount of the premium for which the policy protection has
been given.
⩥ Effective Date.
Answer: The date when an insurance policy begins (also known as the
inception date).
⩥ Employee Retirement Income Security Act (ERISA).
Answer: The act that stipulates federal standards for private pension
plans.
⩥ Endorsement.
Answer: A form changing the provisions of and attached to a life
insurance policy (also known as a rider).
⩥ Endow.
Answer: To reach the maturity date or time at which the face amount
equals cash values.
⩥ Estoppel.
Answer: A legal impediment to denying a fact or restoring a right that
has been previously waived.
CERTIFICATION SCRIPT 2026 PRACTICE
SOLUTIONS GRADED A+
⩥ Coverage.
Answer: The inclusion of causes of loss (perils) which are covered
within a scope of a policy.
⩥ Credit Life Insurance.
Answer: A special type of coverage written to pay off the balance of a
loan in the event of the death of the debtor.
⩥ Death Benefit.
Answer: The amount payable upon the death of the person whose life is
insured.
⩥ Decreasing Term.
Answer: A type of life insurance that features a level premium and a
death benefit that decreases each year over the duration of the policy.
⩥ Defamation.
,Answer: An unfair trade practice in which one agent or insurer makes an
injurious statement about another with the intent of harming the person's
or company's reputation.
⩥ Dependent.
Answer: A person who relies on another for support and maintenance.
⩥ Director.
Answer: The chief executive and administrative officer of the Insurance
Department (in some states, known as Commissioner or
Superintendent).
⩥ Disclosure.
Answer: An act of identifying the name of the producer, representative
or firm, limited insurance representative, or temporary insurance
producer on any policy solicitation.
⩥ Domestic Insurer.
Answer: An insurance company that conducts business in the state of
incorporation.
⩥ Domicile of Insurer.
Answer: Insurer's location of incorporation and the legal ability to write
business in a state.
, ⩥ Earned Premium.
Answer: The amount of the premium for which the policy protection has
been given.
⩥ Effective Date.
Answer: The date when an insurance policy begins (also known as the
inception date).
⩥ Employee Retirement Income Security Act (ERISA).
Answer: The act that stipulates federal standards for private pension
plans.
⩥ Endorsement.
Answer: A form changing the provisions of and attached to a life
insurance policy (also known as a rider).
⩥ Endow.
Answer: To reach the maturity date or time at which the face amount
equals cash values.
⩥ Estoppel.
Answer: A legal impediment to denying a fact or restoring a right that
has been previously waived.
