Funeral Prearrangement License Exam fully solved 2023/2024

Funeral Prearrangement License ExamAgent - correct answer A funeral prearrangement life insurance agent must be supervised by a legal reserve life insurance ________ whose company holds a seller's permit 15,000 - correct answer The maximum initial guaranteed death benefit that a funeral prearrangement life insurance may sell is ________ Appointing - correct answer A funeral prearrangement life insurance agent license expires when the agent ceases to to represent the ____ insurance company 60 months - correct answer When an application for an insurance license is denied, except for failure to pass the examination, the applicant may not re-apply for at least Premiums - correct answer An agent's insurance license could be suspended or revoked if the agent fails to remit ____ to the insurance company General Price List (GPL) - correct answer The ___ ____ ____ must be offered at the beginning of a sales presentation for funeral goods and services Keep - correct answer The GPL must be given to the consumer to Permit - correct answer The GPL must include the funerals provider's name and address, the effective date of the list and the exact caption of GPL, but it doesn't have to include the seller's Wording - correct answer The required disclosures for the GPL must use the identical ___ given in the FTC Funeral Rule Optional - correct answer As a part of the prearranged funeral sale the seller must disclose that embalming is ____ when the burial is immediate