Funeral Prearrangement License Exam |\ |\ |\ |\
Texas questions with answers |\ |\ |\
A funeral prearrangement life insurance agent must be
|\ |\ |\ |\ |\ |\ |\ |\
supervised - CORRECT ANSWERS ✔✔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 - CORRECT |\ |\ |\ |\ |\ |\ |\ |\ |\
ANSWERS ✔✔$15,000 |\
A funeral prearrangement life insurance agent license expires
|\ |\ |\ |\ |\ |\ |\ |\
when the agent - CORRECT ANSWERS ✔✔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 - CORRECT ANSWERS ✔✔60 months
|\ |\ |\ |\ |\ |\ |\ |\ |\
An agents insurance license could be suspended or revoked if the
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
agent - CORRECT ANSWERS ✔✔fails to remit premiums
|\ |\ |\ |\ |\ |\ |\ |\
______ must be offered at the beginning of a sales presentation
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
for funeral goods and service - CORRECT ANSWERS ✔✔The
|\ |\ |\ |\ |\ |\ |\ |\ |\
general price list |\ |\
, The ___ must be given to the consumer to keep - CORRECT
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
ANSWERS ✔✔General price list |\ |\ |\
The general price list (GPL) must include - CORRECT ANSWERS
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
✔✔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) -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
CORRECT ANSWERS ✔✔must use the identical wording given in
|\ |\ |\ |\ |\ |\ |\ |\ |\
the FTC Funeral Rule
|\ |\ |\
As part of a prearranged funeral sale, the seller must disclose -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
CORRECT ANSWERS ✔✔that embalming is optional when the
|\ |\ |\ |\ |\ |\ |\ |\
burial is immediate |\ |\
The GPL must disclose the - CORRECT ANSWERS ✔✔availability of
|\ |\ |\ |\ |\ |\ |\ |\ |\
alternative containers for cremation
|\ |\ |\ |\
The GPL - CORRECT ANSWERS ✔✔must price each item or
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
service seperately |\
______ cannot be declined by the purchaser - CORRECT ANSWERS
|\ |\ |\ |\ |\ |\ |\ |\ |\
✔✔The basic services of a funeral director
|\ |\ |\ |\ |\ |\ |\
The FTC Funeral Rule prohibits funeral providers from - CORRECT
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
ANSWERS ✔✔requiring the purchase of a casket for direct
|\ |\ |\ |\ |\ |\ |\ |\ |\
cremation
Texas questions with answers |\ |\ |\
A funeral prearrangement life insurance agent must be
|\ |\ |\ |\ |\ |\ |\ |\
supervised - CORRECT ANSWERS ✔✔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 - CORRECT |\ |\ |\ |\ |\ |\ |\ |\ |\
ANSWERS ✔✔$15,000 |\
A funeral prearrangement life insurance agent license expires
|\ |\ |\ |\ |\ |\ |\ |\
when the agent - CORRECT ANSWERS ✔✔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 - CORRECT ANSWERS ✔✔60 months
|\ |\ |\ |\ |\ |\ |\ |\ |\
An agents insurance license could be suspended or revoked if the
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
agent - CORRECT ANSWERS ✔✔fails to remit premiums
|\ |\ |\ |\ |\ |\ |\ |\
______ must be offered at the beginning of a sales presentation
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
for funeral goods and service - CORRECT ANSWERS ✔✔The
|\ |\ |\ |\ |\ |\ |\ |\ |\
general price list |\ |\
, The ___ must be given to the consumer to keep - CORRECT
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
ANSWERS ✔✔General price list |\ |\ |\
The general price list (GPL) must include - CORRECT ANSWERS
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
✔✔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) -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
CORRECT ANSWERS ✔✔must use the identical wording given in
|\ |\ |\ |\ |\ |\ |\ |\ |\
the FTC Funeral Rule
|\ |\ |\
As part of a prearranged funeral sale, the seller must disclose -
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\ |\
CORRECT ANSWERS ✔✔that embalming is optional when the
|\ |\ |\ |\ |\ |\ |\ |\
burial is immediate |\ |\
The GPL must disclose the - CORRECT ANSWERS ✔✔availability of
|\ |\ |\ |\ |\ |\ |\ |\ |\
alternative containers for cremation
|\ |\ |\ |\
The GPL - CORRECT ANSWERS ✔✔must price each item or
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
service seperately |\
______ cannot be declined by the purchaser - CORRECT ANSWERS
|\ |\ |\ |\ |\ |\ |\ |\ |\
✔✔The basic services of a funeral director
|\ |\ |\ |\ |\ |\ |\
The FTC Funeral Rule prohibits funeral providers from - CORRECT
|\ |\ |\ |\ |\ |\ |\ |\ |\ |\
ANSWERS ✔✔requiring the purchase of a casket for direct
|\ |\ |\ |\ |\ |\ |\ |\ |\
cremation
