Rearrangement Study guides, Class notes & Summaries

Texas Funeral Prearrangement Life License Study Guide A __________ does not need to be supervised by anyone. - correct answer funeral prearrangement life insurance agent Effective September 2011, a Funeral Prearrangement Life licensed agent may write a policy for an amount that matches the __________. There no longer a limit of __________. - correct answer Funeral Benefits Contract; $15,000 The funeral prearrangement agent must submit a __________ for each two-year renewal period. - corre...

Funeral Prearrangement License Exam Texas

Texas Funeral Prearrangement Test 2023-2024 The people at the insurance company who determine the risk and accept or reject the risk are called A ______ risk is one where the proposed insured exceeds the basic standards so the company may offer more coverage or a lesser premium for the coverage applied for to the applicant. The amount the insurer needs to cover the risk it has assumed is called the: Mortality charge, Reserve, Standard risk, Liability account - When the applicant has m...

The people at the insurance company who determine the risk and accept or reject the risk are called - correct answer Underwriters A ______ risk is one where the proposed insured exceeds the basic standards so the company may offer more coverage or a lesser premium for the coverage applied for to the applicant. - correct answer Preferred The amount the insurer needs to cover the risk it has assumed is called the: Mortality charge, Reserve, Standard risk, Liability account - correct ans...

Funeral Prearrangement Exam Prep - TexasRole 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 renew...

Funeral Prearrangement License Exam Texas Questions with correct Answers (Graded A+)UPDATED

Funeral Prearrangement License Exam Texas Questions with correct Answers (Graded A+) A funeral prearrangement life insurance agent must be supervised - Correct Answer 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 Answer $15,000 A funeral prearrangement life insurance agent license expires when the agent - Correct Answer Fails to submit a b...

People that work in funeral service in Texas must hold what type of license to sell funeral or burial insurance? "Limited" Funeral Prearrangement Life License or "Full" Texas Legal Reserve Life Agent license For the purpose of this training course, the following terms will be used interchangeably to refer to the same process: prepaid, prearrangement and preneed Insurance products which may be used to fund funeral prearrangement contracts must be approved by the Texas Departm...

Texas Funeral Prearrangement Life Insurance License Test Questions and Answers Latest (100% VERIFIED) The people at the insurance company who determine the risk and accept or reject the risk are called - Answer- Underwriters A ______ risk is one where the proposed insured exceeds the basic standards so the company may offer more coverage or a lesser premium for the coverage applied for to the applicant. - Answer- Preferred The amount the insurer needs to cover the risk it has assumed is ca...

Texas Funeral Prearrangement Test