Primerica life insurance practice EXAM Questions with 100%
Correct Answers | Verified || ACTUAL EXAM 2026 TEST!!
Graded A+ |2026 -2027 EXAM UPDATE
The insured had his wife named as the beneficiary of his life policy. To ensure
that his wife had income for life after the insureds death, he chose the life
income settlement option. The amount of payments will be determined by
taking into account all of the following, except.
Age at death
Which of the following is true of a qualified plan
It has a tax benefit for both employer and employee.
A producer must do all of the following when delivering a new policy to the
insured except
Disclose commissions earned from the sale of the policy.
Under which non-forfeiture option does the company pay the surrender value
and have no further obligations to the policy owner?
Cash surrender
The president of a company is starting an annuity and decides that his
corporation will be the annuitant. Which of the following statements is true?
The annuitant must be a natural person.
,The insured under a $100,000 life insurance policy with a triple indemnity rider for
accidental death was killed in a car accident. It was determined that the accident
was his fault. The triple indemnity rider in the policy specifies that the death
must not be
contributed to by the insured in any manner. In this case, what will the policy
beneficiary receive?
$100,000
If a life insurance policy has an irrevocable beneficiary designation,
The beneficiary can only be changed with written permission of the beneficiary
If an insurer requires a medical examination of an applicant in connection with
the
application for life insurance, who is responsible for paying the cost of the
examination?
insurer
, Which of the following when attached to a permanent life insurance policy,
allows the policy owner to customize the policy to provide additional
amount of temporary
insurance on the insured or allows amounts of temporary insurance to cover
other family members
Term rider
Which of the following includes information regarding a person's credit,
character, reputation, and habits
Consumer report
What license or licenses are required to sell variable annuities?
Both a life insurance license and a securities license
Which of the following is not the consideration in a policy?
The application given to a prospective insured
Annually, renewable term policies provide a level death benefit for a premium
that
Increases annually
An insured purchased a 15 year level term life insurance policy with a face amount
of
$100,000. The policy contained an accident death rider offering a double
indemnity benefit. The insured was severely injured in an auto accident, and
after 10 weeks of
hospitalization, died from the injuries. How much will the beneficiary receive
from the policy
Correct Answers | Verified || ACTUAL EXAM 2026 TEST!!
Graded A+ |2026 -2027 EXAM UPDATE
The insured had his wife named as the beneficiary of his life policy. To ensure
that his wife had income for life after the insureds death, he chose the life
income settlement option. The amount of payments will be determined by
taking into account all of the following, except.
Age at death
Which of the following is true of a qualified plan
It has a tax benefit for both employer and employee.
A producer must do all of the following when delivering a new policy to the
insured except
Disclose commissions earned from the sale of the policy.
Under which non-forfeiture option does the company pay the surrender value
and have no further obligations to the policy owner?
Cash surrender
The president of a company is starting an annuity and decides that his
corporation will be the annuitant. Which of the following statements is true?
The annuitant must be a natural person.
,The insured under a $100,000 life insurance policy with a triple indemnity rider for
accidental death was killed in a car accident. It was determined that the accident
was his fault. The triple indemnity rider in the policy specifies that the death
must not be
contributed to by the insured in any manner. In this case, what will the policy
beneficiary receive?
$100,000
If a life insurance policy has an irrevocable beneficiary designation,
The beneficiary can only be changed with written permission of the beneficiary
If an insurer requires a medical examination of an applicant in connection with
the
application for life insurance, who is responsible for paying the cost of the
examination?
insurer
, Which of the following when attached to a permanent life insurance policy,
allows the policy owner to customize the policy to provide additional
amount of temporary
insurance on the insured or allows amounts of temporary insurance to cover
other family members
Term rider
Which of the following includes information regarding a person's credit,
character, reputation, and habits
Consumer report
What license or licenses are required to sell variable annuities?
Both a life insurance license and a securities license
Which of the following is not the consideration in a policy?
The application given to a prospective insured
Annually, renewable term policies provide a level death benefit for a premium
that
Increases annually
An insured purchased a 15 year level term life insurance policy with a face amount
of
$100,000. The policy contained an accident death rider offering a double
indemnity benefit. The insured was severely injured in an auto accident, and
after 10 weeks of
hospitalization, died from the injuries. How much will the beneficiary receive
from the policy
