Study guides, Class notes & Summaries

Primerica Life Insurance State Exam With 100% Correct Answers 2023 Deferred Annuity - Correct answer-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 - Correct answer-Calculates an individual's life value by looking at the insureds future wages,inflation,the number of years to retirement,and the time val...

What is the primary purpose of a rating service company such as A.M Best? correct answers Determine financial strength of an insurance company What is considered to be the primary reason for buying life insurance? correct answers Provide death benefits Which of the following is NOT considered advertising? correct answers A rating from a rating service company, such as A.M. Best A plan in which an employer pays insurance benefits from a fund derived from the employer's current revenues ...