Funeral Prearrangement Exam 2026
Questions and Answers
Role of a Legal Reserve Life Insurance Agent whose company holds a seller's
permit? - Correct answer-Supervisor of Funeral Prearrangement Life Insurance
agent
What is the maximum initial guaranteed $ benefit that a prearrangement life
insurance may sell? - Correct answer-$15,000
When does a funeral prearrangement life insurance agent license expire? - Correct
answer-When a funeral prearrangement life insurance *agent fails to submit a
biannual renewal application and fee*
How long must an agent wait to reapply for a license after it's been denied? -
Correct answer-60 months, except for failure to pass the examination.
When can an agent's insurance license be suspended or revoked? - Correct answer-
Upon failure of agent to remit premiums
When must an agent offer the General Price List (GPL)? - Correct answer-At the
beginning of a sales presentation for funeral goods and services.
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
, Must an agent give a consumer the GPL to keep? - Correct answer-Yes.
Does the GPL require inclusion of the seller's permit? - Correct answer-No. GPL
must include only the funeral provider's name and address, the effective date of the
list, and the exact caption of "General Price List."
What wording is required for disclosures in the General Price List? - Correct
answer-GPL disclosures must use the identical wording in given in the FTC
Funeral Rule.
When is embalming optional? - Correct answer-The seller must disclose that
embalming is optional when the burial is immediate.
True or False: The GPL must disclose the availability of alternative containers for
cremation - Correct answer-True
True or False: The GPL must price each item or service separately. - Correct
answer-True
True or False: The basic services of a funeral director can be declined by the
purchaser. - Correct answer-False, basic services cannot be declined.
True or False: The FTC Funeral rule prohibits funeral providers from requiring the
purchase of a casket for direct cremation. - Correct answer-True
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
Questions and Answers
Role of a Legal Reserve Life Insurance Agent whose company holds a seller's
permit? - Correct answer-Supervisor of Funeral Prearrangement Life Insurance
agent
What is the maximum initial guaranteed $ benefit that a prearrangement life
insurance may sell? - Correct answer-$15,000
When does a funeral prearrangement life insurance agent license expire? - Correct
answer-When a funeral prearrangement life insurance *agent fails to submit a
biannual renewal application and fee*
How long must an agent wait to reapply for a license after it's been denied? -
Correct answer-60 months, except for failure to pass the examination.
When can an agent's insurance license be suspended or revoked? - Correct answer-
Upon failure of agent to remit premiums
When must an agent offer the General Price List (GPL)? - Correct answer-At the
beginning of a sales presentation for funeral goods and services.
©COPYRIGHT 2025, ALL RIGHTS RESERVED 1
, Must an agent give a consumer the GPL to keep? - Correct answer-Yes.
Does the GPL require inclusion of the seller's permit? - Correct answer-No. GPL
must include only the funeral provider's name and address, the effective date of the
list, and the exact caption of "General Price List."
What wording is required for disclosures in the General Price List? - Correct
answer-GPL disclosures must use the identical wording in given in the FTC
Funeral Rule.
When is embalming optional? - Correct answer-The seller must disclose that
embalming is optional when the burial is immediate.
True or False: The GPL must disclose the availability of alternative containers for
cremation - Correct answer-True
True or False: The GPL must price each item or service separately. - Correct
answer-True
True or False: The basic services of a funeral director can be declined by the
purchaser. - Correct answer-False, basic services cannot be declined.
True or False: The FTC Funeral rule prohibits funeral providers from requiring the
purchase of a casket for direct cremation. - Correct answer-True
©COPYRIGHT 2025, ALL RIGHTS RESERVED 2
