PRIMERICA LIFE INSURANCE 2025/2026 QUESTIONS WITH
ANSWERS RATED A+
✔✔If an employee wants to join group life insurance coverage outside of the open
enrollment period, what would the employee have to provide - ✔✔Evidence of
Insurability
✔✔Between adjustable life and universal life policies, which one provides more
flexibility to the policyowner? - ✔✔Universal life
✔✔What type of whole life insurance policy generates immediate cash value? -
✔✔Single premium whole life
✔✔Regarding taxation, how does the cash value of a universal life policy accumulate? -
✔✔Tax deferred
✔✔How is the premium determined in a joint life insurance policy? - ✔✔The premium is
based on the average age of the insureds
✔✔In what type of life insurance policies can the policyowner skip premium payments
without the policy lapsing - ✔✔Universal life
✔✔What universal life option has a gradually increasing cash value and a level death
benefit? - ✔✔Option A
✔✔What happens to the cash value when a whole life insurance policy matures -
✔✔Cash value is paid to the policyowner
✔✔Who owns a group life insurance contract? - ✔✔The employer (also known as the
sponsor of the group)
✔✔In variable universal life insurance, to what policy component does the term
"variable" refer - ✔✔Cash value and death benefit
✔✔What is the main advantage of converting group life insurance to individual coverage
- ✔✔Evidence of insurability is not required
✔✔What type of life insurance policy offers pure death protection - ✔✔Term
✔✔In term policies, what happens to the premium throughout the term of the policy -
✔✔The premium remains level
✔✔Who is insured under a juvenile life policy? - ✔✔A minor
ANSWERS RATED A+
✔✔If an employee wants to join group life insurance coverage outside of the open
enrollment period, what would the employee have to provide - ✔✔Evidence of
Insurability
✔✔Between adjustable life and universal life policies, which one provides more
flexibility to the policyowner? - ✔✔Universal life
✔✔What type of whole life insurance policy generates immediate cash value? -
✔✔Single premium whole life
✔✔Regarding taxation, how does the cash value of a universal life policy accumulate? -
✔✔Tax deferred
✔✔How is the premium determined in a joint life insurance policy? - ✔✔The premium is
based on the average age of the insureds
✔✔In what type of life insurance policies can the policyowner skip premium payments
without the policy lapsing - ✔✔Universal life
✔✔What universal life option has a gradually increasing cash value and a level death
benefit? - ✔✔Option A
✔✔What happens to the cash value when a whole life insurance policy matures -
✔✔Cash value is paid to the policyowner
✔✔Who owns a group life insurance contract? - ✔✔The employer (also known as the
sponsor of the group)
✔✔In variable universal life insurance, to what policy component does the term
"variable" refer - ✔✔Cash value and death benefit
✔✔What is the main advantage of converting group life insurance to individual coverage
- ✔✔Evidence of insurability is not required
✔✔What type of life insurance policy offers pure death protection - ✔✔Term
✔✔In term policies, what happens to the premium throughout the term of the policy -
✔✔The premium remains level
✔✔Who is insured under a juvenile life policy? - ✔✔A minor
