Primerica Practice Test questions and answers 100% verified.

Primerica Practice Test questions and answers 100% verified. The sreceipt sgiven sto sa slife sinsurance sapplicant swhen sthe sapplication sis scompleted sand sthe sinitial spremium sis sreceived sis scalled sa(n) s- s scorrect sanswer. s s sconditional sreceipt Statements sin sthe sapplication sfor sinsurance sthat sare sbelieved sto sbe strue sto sthe sbest sof sthe sapplicant's sknowledge sare scalled s- s scorrect sanswer. s s srepresentations An sannuity sis sconsidered sfixed swhen sit sdoes sall sof sthe sfollowing sEXCEPT s- s scorrect sanswer. s s sprovides sthe sannuitant swith san sinterest srate sthat sis sthe slesser sof sthe sguaranteed sor scurrent srate The smost scommon stype sof swhole slife sinsurance swhere spremiums sare spayable sover sthe swhole slife sof sthe sinsured sto sage s100 sis scalled s- s scorrect sanswer. s s scontinuous spremium s(straight) slife The spolicy sand sa scopy sof sthe sapplication, salong swith sany sriders sand samendments, sis scalled sthe s- s scorrect sanswer. s s sentire scontract Money sborrowed sfrom sthe spolicy's scash svalue sis s- s scorrect sanswer. s s snot staxable Which sof sthe sfollowing sannuity sproducts srequires san sagent sto shold sa ssecurities slicense? s- s scorrect sanswer. s s svariable sannuities Which stype sof sannuity ssettlement sstops swhen sthe sannuitant sdies? s- s scorrect sanswer. s s slife sincome sannuity At swhat sage scan sa sparticipant sreceive sdistributions sfrom sa squalified splan swithout sincurring sa s10% spenalty? s- s scorrect sanswer. s s s59.5 Which ssettlement soption sguarantees san sincome sfor s2 sor smore srecipients sfor sas slong sas sthey slive s- s scorrect sanswer. s s sjoint sand ssurvivor Two sbusiness spartners sown slife sinsurance son seach sother. sIf sone spartner sdies, swhich sof sthe sfollowing scontracts swill sallow sthe ssurviving spartner sto suse sthe sdeath sbenefit sto spurchase sthe sdeceased's sbusiness sinterests? s- s scorrect sanswer. s s sbuy-sell sagreement Which sof sthe sfollowing swould sbe sconsidered sa sflexible spremium spolicy? s- s scorrect sanswer. s s suniversal slife If san sannuitant sdies sduring sthe saccumulation speriod, swhat swill sthe sbeneficiary sreceive? s- s scorrect sanswer. s s seither sthe scash svalue sor sthe spremiums spaid, swhichever sis sgreater Any sinsurer swho sis sNOT sapproved sto sdo sbusiness sin sthis sstate sis sconsidered s- s scorrect sanswer. s s snonadmitted To sprevent speople sfrom sprofiting sfrom sa sloss, sinsurers smust sbe scertain s- s scorrect sanswer. s s sinsurable sinterest sexists If sa smisstatement sof sage sis sdiscovered sduring sthe sprocessing sof sa slife sinsurance sclaim, swhat swill sthe sinsurer sdo? s- s scorrect sanswer. s s sadjusts sthe sdeath sbenefit sbased son sthe spremiums sthat swere spaid Which sof sthe sfollowing sallows san sinsurance scompany sto sdeny scoverage sif sthe sinsured's sdeath soccurs sin sa swar? s- s scorrect sanswer. s s spolicy sexclusions Each sof sthe sfollowing sis sa stypical scharacteristic sof sgroup slife sinsurance sEXCEPT s- s scorrect sanswer. s s sevidence sof sinsurability sis susually srequired A slife ssettlement sopinion sthat spays sout sthe sdeath sbenefit sincrementally, sin sa sspecified samount suntil sall sof sthe sproceeds sare sexhausted, sis scalled s- s scorrect sanswer. s s sfixed-amount sinstallments A slife sinsurance sdeath sbenefit spaid sin sa slump ssum sto sa sbeneficiary sis s- s scorrect sanswer. s s snot ssubject sto sany staxes Which sof sthe sfollow sis sNOT sa snonforfeiture soption sin swhole slife spolicies? s- s scorrect sanswer. s s saccumulation sat sinterest Which sof sthe sfollowing sindicates sthe sperson supon swhose slife sthe sannuity sincome samount sis sdetermined? s- s scorrect sanswer. s s sannuitant An sannuity sthat sis spurchased swith sa slump-sum spayment, sand sthat sbegins sincome spayments swithin sone syear sis sa s- s scorrect sanswer. s s ssingle spremium simmediate sannuity Which sstatement sis sINCORRECT sconcerning spolicy sdividends? s- s scorrect sanswer. s s sthe sinsurer smay sguarantee sdividends