Primerica Life Insurance 2025/2026
Exam Questions with 100% Correct
Answers | Latest Update
Agents who persuade insureds to cancel a policy in favor of another one
when it might not be in the insured's best interest are guilty of - 🧠ANSWER
✔✔Twisting.
If a contract provides a set amount of income for two or more persons with
the income stopping upon the first death of the insured, it is called a -
🧠ANSWER ✔✔Joint life annuity.
If an agent wishes to sell variable life policies, what license must the agent
obtain? - 🧠ANSWER ✔✔Securities
If a life insurance policy develops cash value faster than a seven-pay whole
life contract, it becomes a/an - 🧠ANSWER ✔✔Modified endowment
contract.
, All of the following are true about variable products EXCEPT - 🧠ANSWER
✔✔The premiums are invested in the insurer's general account.
A new insurance must be treated as a replacement if a new insurer sells a
policy to a group which discontinued its group medical insurance within
how many days? - 🧠ANSWER ✔✔60
The annuity owner dies while the annuity is still in the accumulation stage.
Which of the following is TRUE? - 🧠ANSWER ✔✔The beneficiary will
receive the greater of the money paid into the annuity or the cash value.
Which of the following insurance options would be considered a risk-
sharing arrangement? - 🧠ANSWER ✔✔Reciprocal
For how long is an insurance company allowed to defer policy loan
requests? - 🧠ANSWER ✔✔6 months
Which of the following does NOT apply to Errors and Omissions liability
contracts? - 🧠ANSWER ✔✔They are written for the clients of the producer
covered by the policy.
Which of the following is NOT true of life settlements? - 🧠ANSWER ✔✔The
seller must be terminally ill.
Exam Questions with 100% Correct
Answers | Latest Update
Agents who persuade insureds to cancel a policy in favor of another one
when it might not be in the insured's best interest are guilty of - 🧠ANSWER
✔✔Twisting.
If a contract provides a set amount of income for two or more persons with
the income stopping upon the first death of the insured, it is called a -
🧠ANSWER ✔✔Joint life annuity.
If an agent wishes to sell variable life policies, what license must the agent
obtain? - 🧠ANSWER ✔✔Securities
If a life insurance policy develops cash value faster than a seven-pay whole
life contract, it becomes a/an - 🧠ANSWER ✔✔Modified endowment
contract.
, All of the following are true about variable products EXCEPT - 🧠ANSWER
✔✔The premiums are invested in the insurer's general account.
A new insurance must be treated as a replacement if a new insurer sells a
policy to a group which discontinued its group medical insurance within
how many days? - 🧠ANSWER ✔✔60
The annuity owner dies while the annuity is still in the accumulation stage.
Which of the following is TRUE? - 🧠ANSWER ✔✔The beneficiary will
receive the greater of the money paid into the annuity or the cash value.
Which of the following insurance options would be considered a risk-
sharing arrangement? - 🧠ANSWER ✔✔Reciprocal
For how long is an insurance company allowed to defer policy loan
requests? - 🧠ANSWER ✔✔6 months
Which of the following does NOT apply to Errors and Omissions liability
contracts? - 🧠ANSWER ✔✔They are written for the clients of the producer
covered by the policy.
Which of the following is NOT true of life settlements? - 🧠ANSWER ✔✔The
seller must be terminally ill.
