Primerica policies

A return of premium term policy consists of what of insurance?

• Increasing term

• Level term

• Annually renewable turn

• Decreasing term

If a single premium lump sum is paid on a whole life policy what happens?

• Cash value will be available immediately

• Force value will be available in 5 yrs

• Cash value will be available at age 59 1/2

• Cash value and never be available

Which type of whole life policy has 2 death benefit options

• Universal Life

• Adjustable life

• Limited pay life

• Variable life

Which of the following is not a characteristic of a renewable term policy

• Policy owner has the right to renew the policy at the end of term

• Premiums for a renewable policy can not be increased

• evidence of insure ability is required for renewal of the policy

• Premiums for the new policy will be based on the age of insured

An indexed whole life policy cash value is usually linked to the performance of what

• Consumer price index

• Inflation rate

• Standard and poor's 500

• Medical records given

A jumping juvenile life policy, the component that jumps is the....

• Premium

• Cash value

• Face amount

• Type of coverage

Which of the following types of whole life has the lowest annual premium

• Continuous premium or straight life

• 20 pay life

• Single premium

• Level term

• Life paid up to 65

All the following are eligible for group and surance except

• Single employer groups

• Labor groups

• Group of neighbors

• Associates

• Executive policy holders

The following statements about Group insurance are correct except...

• Labor Union is one type of group insurance

• has a different underwriting than individual

• does not require a physical exam

• Is available to all groups , especially getting insurance at a cheaper rate

Who is issued a master contract and a single employer group

• Insurer

• Employee

• Employer

• Insured