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Answers/ TX Funeral Prearrangement Exam Prep (Brand
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Question:1
A funeral prearrangement life insurance agent must be supervised ..ANSWER..By
a legal reserve life insurance agent whose company holds a seller's permit.
Question:2
The maximum initial guaranteed death benefit that a funeral prearrangement life
insurance agent may sell is ..ANSWER..$15,000
Question:3
A funeral prearrangement life insurance agent license expires when the agent
..ANSWER..Fails to submit a biannual renewal application and fee
Question:4
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 ..ANSWER..60
months
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,Question:5
An agents insurance license could be suspended or revoked if the agent
..ANSWER..fails to remit premiums
Question:6
______ must be offered at the beginning of a sales presentation for funeral goods
and service ..ANSWER..The general price list
Question:7
The ___ must be given to the consumer to keep ..ANSWER..General price list
Question:8
The general price list (GPL) must include ..ANSWER..The funeral providers name
and address, the effective date of the list, and all the exact caption of "General
Price List".
Question:9
The required disclosures for the general price list (GPL) ..ANSWER..must use the
identical wording given in the FTC Funeral Rule
Question:10
As part of a prearranged funeral sale, the seller must disclose ..ANSWER..that
embalming is optional when the burial is immediate
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, Question:11
The GPL must disclose the ..ANSWER..availability of alternative containers for
cremation
Question:12
The GPL ..ANSWER..must price each item or service seperately
Question:13
______ cannot be declined by the purchaser ..ANSWER..The basic services of a
funeral director
Question:14
The FTC Funeral Rule prohibits funeral providers from ..ANSWER..requiring the
purchase of a casket for direct cremation
Question:15
A funeral provider must keep a copy of a price list on file for ____ after its last
distribution to a consumer ..ANSWER..1 year
Question:16
Prepaid funeral benefits contract forms must be approved by ..ANSWER..the
Texas Department of Banking
Question:17
A copy of an insurance-funded prepaid funeral contract must be provided to the
purchaser within ____ from when it was signed ..ANSWER..30 days
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