Primerica: Life insurance policies EXAM WITH 100% CORRECT ANSWERS 2025/ 2026

Primerica: Life insurance policies EXAM WITH 100% CORRECT ANSWERS 2025/ 2026 Which of these characteristics is consistent with a Straight Life policy? A) Owner can adjust both premium and death benefit B) Premiums are lower for the first five years, increase the sixth year, then levels off for the remaining length of the contract C) Owner has the option of covering to term insurance D) Premiums are payable for as long as there is insurance coverage in force -D) Premiums are payable for as long as there is insurance coverage in force Which of these is an element of a Variable Life policy? A) A fixed, level premium B) Insurer assumes the investment risk C) No investment risk to the policyowner D) Rate of returns are guaranteed -A) A fixed, level premium Which of the following