A policy that is only in force for a specific period of time.
What is term life?
100
A home loan that allows the interest rate to be adjusted at various intervals over the term of the loan.
What is an ARM or adjustable rate mortgage?
100
The place in the house where a KT should be done.
What is a kitchen table?
100
The level in our company all new people should achieve in 45 days.
What is District?
200
The year Primerica started
What is 1977
200
A form of insurance requiring the policy owner to pay premiums until the age of 00 or death, whichevr comes first.
What is whole life?
200
A type of IRA that allows you to withdraw your money after 59 1/2 and not pay taxes on the withdrawal.
What is a ROTH IRA
200
The only fee for helping the client.
What is a referral?
200
The points level on the Builder's Tract Scoreboard that will result in a bonus of 10% in addition to the regular commission earned by the representative.
What is 50,000 points?
300
The founder of our Company
Who is Art Williams?
300
Enables a policy owner to get a new policy with the company without medical underwriting.
What is convertibility or conversion privelege?
300
The name of the market cycle in which prices are falling, or expected to do so.
What is a bear market?
300
As people age they have fewer dependents and financial responsibilities. This concept demonstrates that the need for life insurance is reduced over time.
What is the Theory of Decreasing Responsibility?
300
The Format to express your productivity for the month if you had 4 recruits and helped a few families with Life products that totalled on an annual premium basis of $5000.
What is 4 X 5?
400
The Original name of of company.
What is A.L. Williams
400
The death benefit and cash value of the policy vary based on the investment performance of the cash value.
What is variable life?
400
An investment product in which money os guaranteed to be distributed on a set schedule such as monthly, quarterly, or annually.
What is an annuity?
400
The number that indicates how much money the client should have at retirement. We provide this with every FNA.
What is a client's Financial Independence Number or FIN?
400
The state in which Lynne Cook and Monica Everett live in?
What is Georgia?
500
Primerica's core crusade or philosophy regarding insurance and investing.
What is Buy Term and Invest the Difference or BTID?
500
An individual who is entitled to receive the benefits of aninsurance policy if the primary beneficiary dies.
What is a contingent beneficiary?
500
An investment company that pools money from shareholders and invests in a variety fo securities such as stocks, bonds, and money market securities.