PRIMERICA LIFE EXAM SIMULATOR
QUESTIONS & ANSWERS BEST EXAM
SOLUTION LATEST UPDATE 2025/2026
RATED A+
Harry has just received his life insurance policy. In reviewing the title page, Harry was able to ascertain
the following information EXCEPT
A. His spouse had been assigned the primary beneficiary
B. His children have been covered by a child rider
C. He had purchased a 20-year renewable term insurance policy in the face amount of $150,000
D. His total annual premium - CORRECT ANSWERS A. His spouse had been assigned the primary
beneficiary
Which of the following settlement options in life insurance is known as straight life?
A. Life with period certian
B. Fixed amount
C. Life income
D. Single life - CORRECT ANSWERS C. Life income
Under a 20-pay whole life policy, in order for the policy to pay the death benefit to a beneficiary, the
premiums must be paid
A. Until the policyowner's age 100, when the policy matures
B. For 20 years or until death, whichever occurs first
, C. Until the policyowner reaches age 65
D. For at least 20 years - CORRECT ANSWERS B. For 20 years or until death, whichever comes
first
What method is used to determine the taxable portion of each annuity payment?
A. The excise ratio
B. The annuity to age ratio
C. The marginal tax formula
D., The exclusion ratio - CORRECT ANSWERS D. The exclusion ratio
Group life insurance is a single policy written to provide coverage to members of a group. Which of the
following statements concerning group life is CORRECT?
A. Premiums are determined by age, occupation, and individual underwriting
B. 100% participation of members is required in noncontributory plans
C. Each member covered receives a policy
D. Coverage cannot be converted when an individual leave the group - CORRECT ANSWERS B.
100% Participation of members is required in noncontributory plans
How many hours of continuing education must agents complete each licensing term?
A. 12
B. 15
C. 24
D. 30 - CORRECT ANSWERS C. 24
QUESTIONS & ANSWERS BEST EXAM
SOLUTION LATEST UPDATE 2025/2026
RATED A+
Harry has just received his life insurance policy. In reviewing the title page, Harry was able to ascertain
the following information EXCEPT
A. His spouse had been assigned the primary beneficiary
B. His children have been covered by a child rider
C. He had purchased a 20-year renewable term insurance policy in the face amount of $150,000
D. His total annual premium - CORRECT ANSWERS A. His spouse had been assigned the primary
beneficiary
Which of the following settlement options in life insurance is known as straight life?
A. Life with period certian
B. Fixed amount
C. Life income
D. Single life - CORRECT ANSWERS C. Life income
Under a 20-pay whole life policy, in order for the policy to pay the death benefit to a beneficiary, the
premiums must be paid
A. Until the policyowner's age 100, when the policy matures
B. For 20 years or until death, whichever occurs first
, C. Until the policyowner reaches age 65
D. For at least 20 years - CORRECT ANSWERS B. For 20 years or until death, whichever comes
first
What method is used to determine the taxable portion of each annuity payment?
A. The excise ratio
B. The annuity to age ratio
C. The marginal tax formula
D., The exclusion ratio - CORRECT ANSWERS D. The exclusion ratio
Group life insurance is a single policy written to provide coverage to members of a group. Which of the
following statements concerning group life is CORRECT?
A. Premiums are determined by age, occupation, and individual underwriting
B. 100% participation of members is required in noncontributory plans
C. Each member covered receives a policy
D. Coverage cannot be converted when an individual leave the group - CORRECT ANSWERS B.
100% Participation of members is required in noncontributory plans
How many hours of continuing education must agents complete each licensing term?
A. 12
B. 15
C. 24
D. 30 - CORRECT ANSWERS C. 24
