Primerica life insurance Study guides, Class notes & Summaries

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 EXAM 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?

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 - 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 are paid ...

PRIMERICA LIFE INSURANCE Exam Questions And Answers Graded A+

Primerica Life Insurance Exam Questions with 100% Correct Answers | Latest Version 2024/2025 | Expert Verified | Ace the Test

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 2023/ 2024 Exam | (Questions and Verified Answers) 100% Correct 1. Which is the primary source of information used for insurance underwriting? a. applicant interview b. medical records c. private investigations d. application ~ Answer: d. application 2. Two equal partners in a business worth $150,000 are using a Cross Purchase plan to protect against the death of each other. Which of the following statements would be correct? a. partner B buys a polic...

Primerica Life Insurance Exam | 2023/ 2024 (Questions and 100% Verified Answers) 1. The frequency and the amount of the premium payment are known as what? Answer: Premium mode 2. What type of insurer uses a formal sharing agreement Answer: Reciprocal Insurers 3. According to the California Insurance Code any person legally capable of making an insurance policy is considered Answer: An insurer 4. Which of the following losses would likely be c...

PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023 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 - Correct answer-A. mutual funds not paid out after paying claims and other operating costs are returned to ...

PRIMERICA LIFE INSURANCE EXAM WITH 100% CORRECT ANSWERS 2023 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 - Correct answer-A. mutual funds not paid out after paying claims and other operating costs are returned to ...