Funeral Prearrangement License Exam
Texas Questions And Correct Answers
A funeral prearrangement life insurance agent must be supervised
By a legal reserve life insurance agent whose company holds a seller's permit.
The maximum initial guaranteed death benefit that a funeral prearrangement life
insurance agent may sell is
$15,000
A funeral prearrangement life insurance agent license expires when the agent
Fails to submit a biannual renewal application and fee
When an application for an insurance agent license is denied, except for failure to pass
the examination, the applicant may NOT re-apply for at least
60 months
An agents insurance license could be suspended or revoked if the agent
fails to remit premiums
,______ must be offered at the beginning of a sales presentation for funeral goods and
service
The general price list
The ___ must be given to the consumer to keep
General price list
The general price list (GPL) must include
The funeral providers name and address, the effective date of the list, and all the exact
caption of "General Price List".
The required disclosures for the general price list (GPL)
must use the identical wording given in the FTC Funeral Rule
As part of a prearranged funeral sale, the seller must disclose
that embalming is optional when the burial is immediate
The GPL must disclose the
, availability of alternative containers for cremation
The GPL
must price each item or service seperately
______ cannot be declined by the purchaser
The basic services of a funeral director
The FTC Funeral Rule prohibits funeral providers from
requiring the purchase of a casket for direct cremation
A funeral provider must keep a copy of a price list on file for ____ after its last
distribution to a consumer
1 year
Prepaid funeral benefits contract forms must be approved by
the Texas Department of Banking
Texas Questions And Correct Answers
A funeral prearrangement life insurance agent must be supervised
By a legal reserve life insurance agent whose company holds a seller's permit.
The maximum initial guaranteed death benefit that a funeral prearrangement life
insurance agent may sell is
$15,000
A funeral prearrangement life insurance agent license expires when the agent
Fails to submit a biannual renewal application and fee
When an application for an insurance agent license is denied, except for failure to pass
the examination, the applicant may NOT re-apply for at least
60 months
An agents insurance license could be suspended or revoked if the agent
fails to remit premiums
,______ must be offered at the beginning of a sales presentation for funeral goods and
service
The general price list
The ___ must be given to the consumer to keep
General price list
The general price list (GPL) must include
The funeral providers name and address, the effective date of the list, and all the exact
caption of "General Price List".
The required disclosures for the general price list (GPL)
must use the identical wording given in the FTC Funeral Rule
As part of a prearranged funeral sale, the seller must disclose
that embalming is optional when the burial is immediate
The GPL must disclose the
, availability of alternative containers for cremation
The GPL
must price each item or service seperately
______ cannot be declined by the purchaser
The basic services of a funeral director
The FTC Funeral Rule prohibits funeral providers from
requiring the purchase of a casket for direct cremation
A funeral provider must keep a copy of a price list on file for ____ after its last
distribution to a consumer
1 year
Prepaid funeral benefits contract forms must be approved by
the Texas Department of Banking
