PRIMERICA COMPREHENSIVE EXAM
SCRIPT VERIFIED QUESTIONS COMPLETE
ANSWERS GRADED APLUS
◉ Which of the following indicates the person upon whose life the
annuity income amount is determined?
Answer: annuitant
◉ An annuity that is purchased with a lump-sum payment, and
that begins income payments within one year is a
Answer: single premium immediate annuity
◉ Which statement is INCORRECT concerning policy dividends?
Answer: the insurer may guarantee dividends
◉ What is the risk classification for those who are insurable, but
have a higher than average risk?
Answer: substandard
◉ Which of the following features of the Equity Indexed Whole
Life policy is NOT fixed?
Answer: cash value growth
◉ An insurance agent represents the
, Answer: insurer
◉ The transfer of a possible financial loss to another party refers
to
Answer: insurance
◉ Underwriting is the process of
Answer: determining the company's risk regarding a proposed
insured
◉ An insurer mails an insurance policy to a new policyowner.
When the insurer relinquishes control of the policy, the policy is
considered
Answer: delivered
◉ This part of the application provides information about an
applicant's financial condition and character, as well as the
purpose of sale and how long the agent has known the applicant:
Answer: agent's report
◉ If a licensed life insurance agent wants to sell variable life
policies, what additional license must the agent obtain?
Answer: securities
SCRIPT VERIFIED QUESTIONS COMPLETE
ANSWERS GRADED APLUS
◉ Which of the following indicates the person upon whose life the
annuity income amount is determined?
Answer: annuitant
◉ An annuity that is purchased with a lump-sum payment, and
that begins income payments within one year is a
Answer: single premium immediate annuity
◉ Which statement is INCORRECT concerning policy dividends?
Answer: the insurer may guarantee dividends
◉ What is the risk classification for those who are insurable, but
have a higher than average risk?
Answer: substandard
◉ Which of the following features of the Equity Indexed Whole
Life policy is NOT fixed?
Answer: cash value growth
◉ An insurance agent represents the
, Answer: insurer
◉ The transfer of a possible financial loss to another party refers
to
Answer: insurance
◉ Underwriting is the process of
Answer: determining the company's risk regarding a proposed
insured
◉ An insurer mails an insurance policy to a new policyowner.
When the insurer relinquishes control of the policy, the policy is
considered
Answer: delivered
◉ This part of the application provides information about an
applicant's financial condition and character, as well as the
purpose of sale and how long the agent has known the applicant:
Answer: agent's report
◉ If a licensed life insurance agent wants to sell variable life
policies, what additional license must the agent obtain?
Answer: securities
