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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 separately
______ 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