Primerica Life Insurance Exam Prep 2026/2027 — All Multiple-Choice Questions with Correct Answers.

Primerica Life Insurance Exam Prep
2026/2027 — All Multiple-Choice
Questions with Correct Answers.

1. Which of the following best describes a level term
life insurance policy?




A) Death benefit decreases each year






B) Death benefit increases each year





C) Death benefit remains constant throughout the
term





D) Premiums increase annually



Correct Answer: C

, 2. Whole life insurance differs from term life primarily
because:




A) Whole life has a limited coverage period






B) Whole life builds cash value over time





C) Whole life premiums are paid only for the first five
years





D) Whole life policies cannot be transferred



Correct Answer: B




3. Which type of policy would be suitable to protect
the balance of a home mortgage?




A) Universal life

,




B) Level term





C) Whole life





D) Decreasing term



Correct Answer: D — Decreasing term policies feature
a death benefit that declines over time, matching the
decreasing balance of a mortgage .




4. Primerica's TermNow product is primarily marketed
as:




A) A high-cash-value whole life policy






B) A short-term, affordable term coverage option


, 


C) A variable universal life policy with investment
options





D) An indexed annuity



Correct Answer: B




5. Which policy is a combination of annual renewable
term insurance and interest-sensitive cash value?




A) Universal life






B) Adjustable life





C) Renewable term life





D) Interest-sensitive whole life