Primerica practice Study guides, Class notes & Summaries
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Primerica Practice Test
- Exam (elaborations) • 7 pages • 2024
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Primerica Practice Test 
 
The receipt given to a life insurance applicant when the application is completed and the initial 
premium is received is called a(n) - conditional receipt 
 
Statements in the application for insurance that are believed to be true to the best of the 
applicant's knowledge are called - representations 
 
An annuity is considered fixed when it does all of the following EXCEPT - provides the 
annuitant with an interest rate that is the lesser of the guaranteed or curren...
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Primerica Practice Exam Test A
- Exam (elaborations) • 8 pages • 2023
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1. An annuity that is purchased with a lump sum premium and whose benefits begin after 12 months is called a: 
A. Single premium immediate annuity. 
B. Single premium deferred annuity. 
C. Level premium variable annuity. 
D. Flexible premium fixed annuity. - Answer- Single premium deferred annuity 
 
2. A technique used to determine the amount of life insurance needed by focusing on the projected earning potential of an insured is called the: 
A. Needs approach. 
B. Future income option. 
C. H...
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Ucan Primerica Practice Exam Questions With Answers Latest Updated 2024/2025 GRADED A+
- Exam (elaborations) • 12 pages • 2024
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Ucan Primerica Practice Exam Questions With Answers Latest Updated 2024/2025 GRADED A+. 401 K Plan A qualified retirement plan in which the employee can set aside a portion of 
their income with pre-tax dollars. 
Absolute Assignment v. Collateral Assignment Absolute: A permanent and irrevocable 
transfer of rights and/or benefits by the policyowner. Collateral: A temporary and/or revocable 
transfer of benefits by the policyowner. 
Accelerated Death Benefit Policy provision that allows full or p...
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Ucan Primerica Practice Exam Questions With Answers Latest Updated 2024/2025 (GRADED A+)
- Exam (elaborations) • 12 pages • 2024
- Available in package deal
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Ucan Primerica Practice Exam Questions With Answers Latest Updated 2024/2025 GRADED A+. 401 K Plan A qualified retirement plan in which the employee can set aside a portion of 
their income with pre-tax dollars. 
Absolute Assignment v. Collateral Assignment Absolute: A permanent and irrevocable 
transfer of rights and/or benefits by the policyowner. Collateral: A temporary and/or revocable 
transfer of benefits by the policyowner. 
Accelerated Death Benefit Policy provision that allows full or p...
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Primerica Practice Exam Test A exam 2024 with 100% correct answers
- Exam (elaborations) • 11 pages • 2024
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1. An annuity that is purchased with a lump sum premium and whose benefits begin after 12 months is called a: 
A. Single premium immediate annuity. 
B. Single premium deferred annuity. 
C. Level premium variable annuity. 
D. Flexible premium fixed annuity. Answer - Single premium deferred annuity 
 
2. A technique used to determine the amount of life insurance needed by focusing on the projected earning potential of an insured is called the: 
A. Needs approach. 
B. Future income option. 
C. Hu...
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Primerica Practice Exam Test A | 100% Correct Answers | Verified | Latest 2024 Version
- Exam (elaborations) • 11 pages • 2024
- Available in package deal
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- $10.49
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1. An annuity that is purchased with a lump sum premium and whose benefits begin after 12 months is 
called a: 
A. Single premium immediate annuity. 
B. Single premium deferred annuity. 
C. Level premium variable annuity. 
D. Flexible premium fixed annuity. - Single premium deferred annuity 
2. A technique used to determine the amount of life insurance needed by focusing on the projected 
earning potential of an insured is called the: 
A. Needs approach. 
B. Future income option. 
C. Human life ...
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Primerica Practice Exam B Questions With Verified Answers
- Exam (elaborations) • 15 pages • 2024
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Primerica Practice Exam B Questions With 
Verified Answers 
1. The annuity income amount is based on whose life? 
A. Owner 
B. Insured 
C. Annuitant 
D. Beneficiary - answerannuitant 
2. An injured party to a contract is able to rescind the contract for 
A. Representations. 
B. Unintentional concealment 
C. Health problems 
D. Financial difficulties. - answerunintentional concealment 
3. A whole life policy that will generate immediate cash value is 
A. Single premium. 
B. Continuous premium. 
C...
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Primerica Practice Test Part 1 Questions with 100% Correct Answers | Latest Version 2024/2025 | Expert Verified | Ace the Test
- Exam (elaborations) • 10 pages • 2024
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Primerica Practice Test Part 1 Questions with 100% 
Correct Answers | Latest Version 2024/2025 | Expert 
Verified | Ace the Test
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Primerica Practice Exam 7 (Questions & Answers) Verified 100% Correct!!
- Exam (elaborations) • 6 pages • 2024
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Primerica Practice Exam 7 (Questions & Answers) Verified 100% Correct!!
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PRIMERICA PRACTICE EXAM TEST A
- Exam (elaborations) • 8 pages • 2024
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PRIMERICA PRACTICE EXAM TEST A
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