Health Care > QUESTIONS & ANSWERS > Primerica Life Insurance Focused Exam, Questions with answers. 100% verified. Rated A (All)
Primerica Life Insurance Focused Exam, Questions with answers. 100% verified. Rated A
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Primerica Life Insurance Focused Exam, Questions with answers. 100% verified. Rated A The paid-up addition option uses the dividend - ✔✔To purchase a smaller amount of the same type of insura... nce as the original policy. An applicant for insurance is requesting more information from her agent about a claim that is currently being settled. Within what time period must the agent respond? - ✔✔15 days Which of the following is NOT a legitimate use of annuities by businesses? - ✔✔Creating a tax shelter In determining how material a piece of information is to each party of a contract, the value is not determined by the event itself, but solely by which of the following? - ✔✔Influence this information would have in forming an estimate of the advantages or the disadvantages of the contract. Which of the following statements concerning buy-sell agreements is true? - ✔✔Buy-sell agreements are normally funded with a life insurance policy. When an employer offers to give an employee a wage increase in the amount of the premium on a new life insurance policy, this is called a(n) - ✔✔Executive bonus. When a life insurance policy stipulates that the beneficiary will receive payments in specified installments or for a specified number of years, what provision prevents the beneficiary from changing or borrowing from the planned installments? - ✔✔Spendthrift provision When an insured under a life insurance policy died, the designated beneficiary received the face amount of the policy, as well as a refund of all of the premiums paid. Which rider is attached to the policy? - ✔✔Return of premium An insurance policy that only requires a payment of premium [Show More]
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all you need to pass the primerica exams PRIMERICA EXAMS BUNDLE. CONSISTS OF EXAMINABLE QUESTIONS AND ANSWERS. RATED A
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