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

Primerica: Life insurance policies EXAM WITH 100% CORRECT ANSWERS 2025/ 2026 The insurer will pay the full death benefit from the group policy to the beneficiary. -An employee quits his job on May 15 and doesn't convert his Group Life policy to an individual policy for 2 weeks. He dies in a freak accident on June 1. Which of the following statements best describes what will happen? It permits the insured to reject the policy with a full refund. -Which of the following applies to the 10-day free-look privilege? Straight Life -Which of the following policies would be classified as a traditional level premium contract The same face amount as in the whole life policy. -Under an extended term nonforfeiture option, the policy cash value is converted to The payable premium amount steadily declines throughout the duration of the contract. -All of the following are true regarding a decreasing term policy EXCEPT The insured's premiums will be waived until she is 21. -A father owns a life insurance policy on his 15-year-old daughter. The policy contains the optional Payor Benefit rider. If the father becomes disabled, what will happen to the life insurance premiums?