PRENEED KEY CERTIFICATION EVALUATION
EXAM 2026
◉ The maximum initial guaranteed death benefit that a funeral
prearrangement life insurance agent may sell is Answer: $15,000.00
◉ funeral prearrangement life insurance agent license expires when
the agent Answer: agent fails to submit biannual renewal application
and fee.
◉ When an application for an insurance agent license is denied,
except for failure pass the examination, applicant may NOT re-apply
for at least Answer: except for 60 months.
◉ An agent's insurance license could be suspended or revoked if
agent Answer: fails to remit premiums.
◉ general price list must be offered at the beginning of a sales
presentation for funeral goods and service. Answer: The general
price list must
◉ must be given to the consu to keep. Answer: The GPL
, ◉ The general price list (GPL) must include Answer: the funeral
provider's name and address, the effective date of list, and the exact
caption "General Price List", GPL does NOT have to include seller's
permit number.
◉ The required disclosures for the general price list (GPL) wording
Answer: required disclosures must use the identical wording given
the FTC Funeral Rule.
◉ As part of a prearranged funeral sale, the seller must disclose that
embalming is Answer: optional when burial immediate.
◉ The GPL must disclose Answer: availability of alternative
containers for cremation.
◉ The GPL Answer: must price each item service separately.
◉ Basic services of a funeral director Answer: cannot be declined by
the purchaser.
◉ identical embalming is availability of alternative cremation. The
FTC Funeral providers Answer: Requiring a casket for direct
cremation
EXAM 2026
◉ The maximum initial guaranteed death benefit that a funeral
prearrangement life insurance agent may sell is Answer: $15,000.00
◉ funeral prearrangement life insurance agent license expires when
the agent Answer: agent fails to submit biannual renewal application
and fee.
◉ When an application for an insurance agent license is denied,
except for failure pass the examination, applicant may NOT re-apply
for at least Answer: except for 60 months.
◉ An agent's insurance license could be suspended or revoked if
agent Answer: fails to remit premiums.
◉ general price list must be offered at the beginning of a sales
presentation for funeral goods and service. Answer: The general
price list must
◉ must be given to the consu to keep. Answer: The GPL
, ◉ The general price list (GPL) must include Answer: the funeral
provider's name and address, the effective date of list, and the exact
caption "General Price List", GPL does NOT have to include seller's
permit number.
◉ The required disclosures for the general price list (GPL) wording
Answer: required disclosures must use the identical wording given
the FTC Funeral Rule.
◉ As part of a prearranged funeral sale, the seller must disclose that
embalming is Answer: optional when burial immediate.
◉ The GPL must disclose Answer: availability of alternative
containers for cremation.
◉ The GPL Answer: must price each item service separately.
◉ Basic services of a funeral director Answer: cannot be declined by
the purchaser.
◉ identical embalming is availability of alternative cremation. The
FTC Funeral providers Answer: Requiring a casket for direct
cremation
