Life Insurance Basics
Primerica Phrases
Securities
Company History
Compensation
Financial Concepts
100
This is the foundation of a client's financial house
What is Life Insurance?
100
POL is an abbreviation for this agent website
What is Primerica Online?
100
The minimum amount per month you can invest with a Primerica Agent
What is $25?
100
Primerica was found in this year
What is 1977?
100
This is the dollar amount for the Field Training Bonus
What is $200?
100
A FIN number represents
What is the Financial Independence Number?
200
IUL is an abbreviation for this type of Life Insurance
What is Indexed Universal Life Insurance?
200
IBA is an abbreviation for this application
What is Independent Business Application?
200
IRA is an abbreviation for
What is Individual Retirement Account?
200
Primerica went public on this day
What is April 1st, 2010?
200
What are the two components of 1 X $1,000
What is one recruit and $1,000 in yearly premium?
200
The most powerful force in the universe
What is compound interest?
300
The 3 Categories of Life Insurance are:
What is Term, Cash Value & Group?
300
DDR is an abbreviation for this core recruiting concept
What is Double Digit Recruiting?
300
Give two differences between a Traditional and ROTH IRA
What is
Traditional is tax deductible
Traditional grows tax Deferred
Traditional has no income limits
RDMS
ROTH grows Tax Free
ROTH has income limits
300
This high school football coach founded Primerica
Who is Art Williams?
300
This is the requirements for the Fast Start/District Leader Promotion
What is 3 recruits and $3,000 in yearly premium?
300
The concept Primerica was founded on
What is Buy Term and Invest the Difference?
400
This happens at the end of your term outside of Primerica
What is client must convert to a Cash Value or reapply?
400
WIN is an acronym for
What is Want It Now?
400
The three test you must pass in order to sell securities
What is SIE, Series 6 & 63?
400
Primerica's international home office is located in this city in Georgia
What is Duluth, Georgia?
400
As a District Leader, a $83/month life application will pay you
What is $500?
400
The Rule of 72
What is Divide 72 by the interest rate?
500
This type of life insurance fuels a IUL Policy
What is annual increasing term?
500
The financial independence council book are for these individuals
Who are $100,000 or above earners?
500
The 2 Phases of an annuity
What is accumulation phase & annuitization (pay out) phase?
500
Who is Glenn Williams?
500
Regional Vice Presidents are at this contract level
What is 110% + bonus'?
500
FNA is an acronym for
What is Financial Needs Analysis?
600
This happens to the Cash Value component when the death benefit is paid out
What is the company keeps it?
600
Our hierarchy name
What is Team Machine (Byer Builders)?
600
The maximum contribution for an IRA under the age of 50
What is $7,000 a year?
600
Primerica's ticker symbol is
What is PRI?
600
You can earn full ownership at this income level
What is $300,00 in a rolling 12 months?
600
Briefly explain Dollar Cost Averaging
What is is an investment strategy where you invest a fixed amount of money at regular intervals (e.g., weekly or monthly), regardless of the asset's price?