Primerica UCanPass Practice Correct Questions & Answers!!

401k plan - ANSWERSA qualified retirement plan in which the employee can set aside a portion of their income with pre-tax dollars. Absolute Assignment - ANSWERSA permanent and irrevocable transfer of rights and/or benefits by the policy owner. Collateral Assignment - ANSWERSA temporary and/or revocable transfer of benefits by the policy owner. Accelerated Death Benefit - ANSWERSPolicy provision that allows full or partial payment of the policy's death benefit before the insured's death if he/she is terminally ill. Accidental Death Benefit - ANSWERSAn extra cost rider that requires the insurance company to pay an additional benefit in the event that the insured dies within 90 days of an accident as a direct result of the accident. Accumulate at Interest - ANSWERSThe Dividend Option where the policy owner leaves the dividends with the insurer to invest and earn interest. Adhesion - ANSWERSSince the insurer created all the documents of the contract, any ambiguities in the contract will be settled in favor of the insured. Since the insurer wrote the contract they are stuck wit