Primerica Study guides, Class notes & Summaries

PRIMERICA LIFE INSURANCE EXAM | 100% Correct Answers | Verified | Latest 2024 Version

PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2024 An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the insurance company that was not taxable. This year, she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy? a. mutual b. reciprocal c. nonprofit service organization d. stock - ANSWERS A. mutual funds not paid out after paying claims and other operating costs are retur...

PRIMERICA LIFE INSURANCE ACTUAL EXAM 1000 COMPLETE QUESTIONS AND VERIFIED DETAILED PRIMERICA LIFE INSURANCE ACTUAL EXAM 1000 COMPLETE QUESTIONS AND VERIFIED DETAILED ANSWERS PRIMERICA LIFE INSURANCE ACTUAL EXAM 1000 COMPLETE QUESTIONS AND VERIFIED DETAILED

Primerica Exam Test Questions | 100% Correct Answers | Verified | Latest 2024 Version

Primerica Life Insurance Testbank | 100% Correct Answers | Verified | Latest 2024 Version

An insurer has made all of the decisions regarding the provisions included in the insured's policy. The insured finds an objectionable provision and wants to negotiate it with the insurer but is not allowed to do so. Her only options are to reject the policy or accept it as is. Which contract feature does this describe? a) Unilateral b) Conditional c) Personal d) Adhesion - Adhesion An insurance policy that only requires a payment of premium at its inception, provides insurance protect...

An insurer has made all of the decisions regarding the provisions included in the insured's policy. The insured finds an objectionable provision and wants to negotiate it with the insurer but is not allowed to do so. Her only options are to reject the policy or accept it as is. Which contract feature does this describe? a) Unilateral b) Conditional c) Personal d) Adhesion Answer - Adhesion An insurance policy that only requires a payment of premium at its inception, provides insurance p...

An insured purchased an insurance policy 5 years ago. Last year, she received a dividend check from the insurance company that was not taxable. This year, she did not receive a check from the insurer. From what type of insurer did the insured purchase the policy? a. mutual b. reciprocal c. nonprofit service organization d. stock Answer - A. mutual funds not paid out after paying claims and other operating costs are returned to the policy owners in the form of a dividend. if all funds a...

PRIMERICA LIFE INSURANCE ACTUAL EXAM 200 COMPLETE QUESTIONS AND VERIFIED DETAILED ANSWERS PRIMERICA LIFE INSURANCE ACTUAL EXAM 200 COMPLETE QUESTIONS AND VERIFIED DETAILED ANSWERS PRIMERICA LIFE INSURANCE ACTUAL EXAM 200 COMPLETE QUESTIONS AND VERIFIED DETAILED ANSWERS

PRIMERICA EXAM TEST QUESTIONS & ANSWERS