Primerica Practice Test 2025/26

Primerica Practice Test
2025/26

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




The most common type of whole life insurance where premiums are payable over
the whole life of the insured to age 100 is called - ANSWER
continuous premium (straight) life

, The policy and a copy of the application, along with any riders and amendments,
is called the - ANSWER entire contract




Money borrowed from the policy's cash value is - ANSWER not
taxable




Which of the following annuity products requires an agent to hold a securities
license? - ANSWER variable annuities




Which type of annuity settlement stops when the annuitant dies? - ANSWER
life income annuity




At what age can a participant receive distributions from a qualified plan without
incurring a 10% penalty? - ANSWER 59.5