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Primerica UCanPass Practice 2024 Questions and Answers with complete solution
Primerica UCanPass Practice 2024 Questions and 
Answers with complete solution 
401k plan - Answer ️️ -A qualified retirement plan in which the 
employee can set aside a portion of their income 
with pre-tax dollars. 
Absolute Assignment - Answer ️️ -A permanent and irrevocable transfer 
of rights and/or benefits by the policy owner. 
Collateral Assignment - Answer ️️ -A temporary and/or revocable transfer 
of benefits by the policy owner. 
Accelerated Death Benefit - Answer ️️ -...
- Exam (elaborations)
- • 6 pages •
Primerica UCanPass Practice 2024 Questions and 
Answers with complete solution 
401k plan - Answer ️️ -A qualified retirement plan in which the 
employee can set aside a portion of their income 
with pre-tax dollars. 
Absolute Assignment - Answer ️️ -A permanent and irrevocable transfer 
of rights and/or benefits by the policy owner. 
Collateral Assignment - Answer ️️ -A temporary and/or revocable transfer 
of benefits by the policy owner. 
Accelerated Death Benefit - Answer ️️ -...
Primerica Life Insurance Exam 2024 100% Passed
Primerica Life Insurance Exam 2024 100% Passed 
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 po...
- Exam (elaborations)
- • 56 pages •
Primerica Life Insurance Exam 2024 100% Passed 
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 po...
Primerica Practice Test 2024 Possible Questions and Answers
Primerica Practice Test 2024 Possible 
Questions and Answers 
The receipt given to a life insurance applicant when the application is completed and the initial 
premium is received is called a(n) - Answer ️️ -conditional receipt 
Statements in the application for insurance that are believed to be true to the best of the 
applicant's knowledge are called - Answer ️️ -representations 
An annuity is considered fixed when it does all of the following EXCEPT - Answer ️️ - 
provides the a...
- Package deal
- Exam (elaborations)
- • 4 pages •
Primerica Practice Test 2024 Possible 
Questions and Answers 
The receipt given to a life insurance applicant when the application is completed and the initial 
premium is received is called a(n) - Answer ️️ -conditional receipt 
Statements in the application for insurance that are believed to be true to the best of the 
applicant's knowledge are called - Answer ️️ -representations 
An annuity is considered fixed when it does all of the following EXCEPT - Answer ️️ - 
provides the a...
Primerica Part 3 Exam Questions and Answers 100% Pass
Primerica Part 3 Exam 
activities of daily living (ADLs) - Answer ️️ -a person's essential activities that include bathing, 
dressing, eating, transferring, toileting, continence 
assignment - Answer ️️ -transfer of rights of policy ownership 
consideration - Answer ️️ -something of value that each party gives to the other (binding force 
in any contract). 
indemnity - Answer ️️ -a principle of reimbursement on which insurance is based; in the event 
of loss, an insurer reimburs...
- Package deal
- Exam (elaborations)
- • 3 pages •
Primerica Part 3 Exam 
activities of daily living (ADLs) - Answer ️️ -a person's essential activities that include bathing, 
dressing, eating, transferring, toileting, continence 
assignment - Answer ️️ -transfer of rights of policy ownership 
consideration - Answer ️️ -something of value that each party gives to the other (binding force 
in any contract). 
indemnity - Answer ️️ -a principle of reimbursement on which insurance is based; in the event 
of loss, an insurer reimburs...
Primerica - Exam test Questions Answers 2024 with complete solution
Primerica - Exam test Questions Answers 
2024 with complete solution 
An insurer has made all of the decisions regarding the provisions included in the insured's policy. 
The insured finds an objectionable provision and wants to negotiate it with the insurer but is not 
allowed to do so. Her only options are to reject the policy or accept it as is. Which contract 
feature does this describe? 
a) Unilateral 
b) Conditional 
c) Personal 
d) Adhesion - Answer ️️ -Adhesion 
An insurance policy ...
- Package deal
- Exam (elaborations)
- • 24 pages •
Primerica - Exam test Questions Answers 
2024 with complete solution 
An insurer has made all of the decisions regarding the provisions included in the insured's policy. 
The insured finds an objectionable provision and wants to negotiate it with the insurer but is not 
allowed to do so. Her only options are to reject the policy or accept it as is. Which contract 
feature does this describe? 
a) Unilateral 
b) Conditional 
c) Personal 
d) Adhesion - Answer ️️ -Adhesion 
An insurance policy ...
Primerica life insurance state exam 2023 with complete solution
Primerica life insurance state exam 2023 
with complete solution 
Deferred Annuity - 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 - Answer ️️ -Calculates an individual's life value by looking at the 
insureds future wages,inflation,the number of years to retirement,and the time value of ...
- Package deal
- Exam (elaborations)
- • 2 pages •
Primerica life insurance state exam 2023 
with complete solution 
Deferred Annuity - 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 - Answer ️️ -Calculates an individual's life value by looking at the 
insureds future wages,inflation,the number of years to retirement,and the time value of ...
Xcel Solutions Property & Casualty Exam Questions and Answers
INSY-3303 FINAL EXAM STUDY GUIDE WITH COMPLETE SOLUTIONS
the answers are incorrect
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