--2027 Actual Complete Real Exam Questions And Correct
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The South Carolina State Board of Funeral Service consists
of how many
members appointed by the governor? -
ANSWER -Eleven
How long does a provider have to transfer a preneed contract
and notify the department of the providers of the cancellation of
the preneed license? - ANSWER -Within sixty-days of the
cancellation of the preneed license.
What happens if a provider fails to provide for the transfer of
contracts within sixty days? - ANSWER -The purchaser may
request directly the financial institution to transfer the account
balance to another provider selected by the purchaser with
payment jointly to the provider and its financial institution. The
purchaser also may request that an insurance company assign
another provider as beneficiary for the insurance policy.
The department has jurisdiction over the provider and the
insurance policy or trust funds together with interest of all
,active contracts and has the authority to accomplish the
necessary transfer of preneed funeral contracts in all cases in
which the purchaser has failed to effectuate the transfer to a
licensed provider
within how long of the date the provider's license issued by
the State Board of
Funeral Service is cancelled or the license to sell preneed
funeral contracts is
cancelled and an application for a replacement license has
not been filed? -
ANSWER -Six
Months
Without first securing a license from the department, no one
except whom may
accept or hold payments made on a preneed funeral
contract? - ANSWER -
Financial
Institution
A person selling a preneed funeral contract shall collect
what from each
purchaser? - ANSWER -A service charge and all fees
collected must be
remitted by the person collecting them to the
department.
, How often must service charges and fees collected from
preneed contracts be
remitted to the department? - ANSWER -At least once
each month
With service fees collected from preneed contracts, the
person also must
provide what to the department? - ANSWER -A listing of each
contract sold
If the listing or fees collected are not sent to the department
within sixty-days of
the last day of the month when the contract was sold, the
department shall
assess a civil penalty of ___________ for each contract not
reported to the
department. - ANSWER
-$10
The monies collected as civil penalties from preneed contracts
must be deposited where? - ANSWER -Deposited in the
Preneed Funeral Loss Reimbursement Fund.
The service charge for each preneed contract may not exceed
what? How is the money disbursed? - ANSWER -May not
exceed $30; $25 for the department to use in administering the
provisions of this chapter and $5 to be allocated to the Preneed
Funeral Loss Reimbursement Fund.