Primerica Life Insurance Exam: Life Insurance Practice Exam: Primerica Life Insurance Exam Study Questions;Life Insurance Exam: Primerica Practice Test; Questions & Answers
[Mostrar más]
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. nonp...
Vista previa 4 fuera de 59 páginas
Añadir al carritoAn 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. nonp...
The Commissioner conducts an examination of a domestic insurer and believes that the costs of examination places an unreasonable financial burden on the insurer. Which of the following will happen? a. The federal government will absorb the full cost b. The federal government will absorb part of t...
Vista previa 4 fuera de 40 páginas
Añadir al carritoThe Commissioner conducts an examination of a domestic insurer and believes that the costs of examination places an unreasonable financial burden on the insurer. Which of the following will happen? a. The federal government will absorb the full cost b. The federal government will absorb part of t...
The receipt given to a life insurance applicant when the application is completed and the initial premium is received is called a(n) (Ans- conditional receipt Statements in the application for insurance that are believed to be true to the best of the applicant's knowledge are called (Ans- re...
Vista previa 2 fuera de 8 páginas
Añadir al carritoThe receipt given to a life insurance applicant when the application is completed and the initial premium is received is called a(n) (Ans- conditional receipt Statements in the application for insurance that are believed to be true to the best of the applicant's knowledge are called (Ans- re...
Which law is the foundation of statistical prediction of loss upon which rates for insurance are calculated? A) Law of Group Evaluation B) Law of Large Numbers C) Law of Masses D) Law of Averages (Ans- B) Law of Large Numbers A producer who fails to segregate premium monies from his own per...
Vista previa 2 fuera de 13 páginas
Añadir al carritoWhich law is the foundation of statistical prediction of loss upon which rates for insurance are calculated? A) Law of Group Evaluation B) Law of Large Numbers C) Law of Masses D) Law of Averages (Ans- B) Law of Large Numbers A producer who fails to segregate premium monies from his own per...
Deferred Annuity (Ans- An annuity in which the income payments begin sometime after one year from the date of red annuities can be funded with a single lump sum payment so it is referred to as a single premium differed annuities. Human life values approach (Ans- Calculates an individual'...
Vista previa 1 fuera de 4 páginas
Añadir al carritoDeferred Annuity (Ans- An annuity in which the income payments begin sometime after one year from the date of red annuities can be funded with a single lump sum payment so it is referred to as a single premium differed annuities. Human life values approach (Ans- Calculates an individual'...
Which will be included in a policy summary? (Ans- Premium amounts and surrender values Why should the producer personally deliver the policy when the first premium has already been paid? (Ans- To help the insured understand all aspects of the contract An insurance contract requires that bo...
Vista previa 3 fuera de 23 páginas
Añadir al carritoWhich will be included in a policy summary? (Ans- Premium amounts and surrender values Why should the producer personally deliver the policy when the first premium has already been paid? (Ans- To help the insured understand all aspects of the contract An insurance contract requires that bo...
401 k plan (Ans- 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 (Ans- Absolute: A permanent and irrevocable transfer of rights and/or benefits by the policyowner. Collateral...
Vista previa 3 fuera de 20 páginas
Añadir al carrito401 k plan (Ans- 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 (Ans- Absolute: A permanent and irrevocable transfer of rights and/or benefits by the policyowner. Collateral...
jason is the insured in a 100,000 10 year long renewable term policy. Soon after taking out the policy, he develops a serious heart condition. will he be able to renew his policy? (Ans- yes which policy has the lowest annual premium? (Ans- whole life the primary purpose of an annuity is to...
Vista previa 2 fuera de 8 páginas
Añadir al carritojason is the insured in a 100,000 10 year long renewable term policy. Soon after taking out the policy, he develops a serious heart condition. will he be able to renew his policy? (Ans- yes which policy has the lowest annual premium? (Ans- whole life the primary purpose of an annuity is to...
Compradores de Stuvia evaluaron más de 700.000 resúmenes. Así estas seguro que compras los mejores documentos!
Puedes pagar rápidamente y en una vez con iDeal, tarjeta de crédito o con tu crédito de Stuvia. Sin tener que hacerte miembro.
Tus compañeros escriben los resúmenes. Por eso tienes la seguridad que tienes un resumen actual y confiable. Así llegas a la conclusión rapidamente!
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Nuestra garantía de satisfacción le asegura que siempre encontrará un documento de estudio a tu medida. Tu rellenas un formulario y nuestro equipo de atención al cliente se encarga del resto.
Stuvia is a marketplace, so you are not buying this document from us, but from seller Joy100. Stuvia facilitates payment to the seller.
No, you only buy this summary for 12,53 €. You're not tied to anything after your purchase.
4.6 stars on Google & Trustpilot (+1000 reviews)
45,681 summaries were sold in the last 30 days
Founded in 2010, the go-to place to buy summaries for 14 years now