Funeral Prearrangement License Exam Texas
A funeral prearrangement life insurance agent must be By a legal reserve life insurance agent whose company holds a seller's permit.
supervised
The maximum initial guaranteed death benefit that a $15,000
funeral prearrangement life insurance agent may sell is
A funeral prearrangement life insurance agent license Fails to submit a biannual renewal application and fee
expires when the agent
When an application for an insurance agent license is 60 months
denied, except for failure to pass the examination, the
applicant may NOT re-apply for at least
An agents insurance license could be suspended or fails to remit premiums
revoked if the agent
______ must be offered at the beginning of a sales The general price list
presentation for funeral goods and service
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 that embalming is optional when the burial is immediate
disclose
The GPL must disclose the availability of alternative containers for cremation
The GPL must price each item or service seperately
______ 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 1 year
for ____ after its last distribution to a consumer
, Funeral Prearrangement License Exam Texas
Prepaid funeral benefits contract forms must be approved the Texas Department of Banking
by
A copy of an insurance-funded prepaid funeral contract 30 days
must be provided to the purchaser within ____ from when
it was signed
Premiums collected from insurance policies funding 30 days
prepaid funeral benefits must be remitted to the insurance
company within
A contract seller's permit may be cancelled for failing to provide premium remittance evidence requested by the Banking
Department
Regarding the Federal Waiver of Cancellation Form, it is not needed when the prearrangement contract is purchased at the funeral
home
At the time of the sale of a funeral prearrangement the "Facts about Funerals" pamphlet from the Texas Funeral Service Commission
contract, the purchaser should be given
Selling a funeral prearrangement contract to a person who loss of business to the funeral home
cannot afford it can result often in
Regarding misrepresentation of the proposed isured's if the insurance company accepts the application, the applicant's health cannot be
health questioned
The purchaser of a prepaid funeral benefits contract may the purchaser's right to cancel the contract
be given the option to irrevocably waive
Failure to describe fully the goods and materials on the harm to the agent's relationship with the funeral home, return of the contract for
contract may result in corrections and resubmission, stress and confusion for customers family at the time
of the funeral
In insurance, under the law of agency, the INSURER is bound by the acts of its insurance agents
An insurance company that allows an agent to collect implied
premiums on its behalf even though that authority is not
listed in the agent's contract is considered ____ authority
The implied authority of insurance agents is unwritten
An agent's authority to solicit applications on behalf of the agents contract with the insurer
insurer is granted in the
The type of authority that is detailed in the agent's contract is express
with the insurance company
A funeral prearrangement life insurance agent must be By a legal reserve life insurance agent whose company holds a seller's permit.
supervised
The maximum initial guaranteed death benefit that a $15,000
funeral prearrangement life insurance agent may sell is
A funeral prearrangement life insurance agent license Fails to submit a biannual renewal application and fee
expires when the agent
When an application for an insurance agent license is 60 months
denied, except for failure to pass the examination, the
applicant may NOT re-apply for at least
An agents insurance license could be suspended or fails to remit premiums
revoked if the agent
______ must be offered at the beginning of a sales The general price list
presentation for funeral goods and service
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 that embalming is optional when the burial is immediate
disclose
The GPL must disclose the availability of alternative containers for cremation
The GPL must price each item or service seperately
______ 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 1 year
for ____ after its last distribution to a consumer
, Funeral Prearrangement License Exam Texas
Prepaid funeral benefits contract forms must be approved the Texas Department of Banking
by
A copy of an insurance-funded prepaid funeral contract 30 days
must be provided to the purchaser within ____ from when
it was signed
Premiums collected from insurance policies funding 30 days
prepaid funeral benefits must be remitted to the insurance
company within
A contract seller's permit may be cancelled for failing to provide premium remittance evidence requested by the Banking
Department
Regarding the Federal Waiver of Cancellation Form, it is not needed when the prearrangement contract is purchased at the funeral
home
At the time of the sale of a funeral prearrangement the "Facts about Funerals" pamphlet from the Texas Funeral Service Commission
contract, the purchaser should be given
Selling a funeral prearrangement contract to a person who loss of business to the funeral home
cannot afford it can result often in
Regarding misrepresentation of the proposed isured's if the insurance company accepts the application, the applicant's health cannot be
health questioned
The purchaser of a prepaid funeral benefits contract may the purchaser's right to cancel the contract
be given the option to irrevocably waive
Failure to describe fully the goods and materials on the harm to the agent's relationship with the funeral home, return of the contract for
contract may result in corrections and resubmission, stress and confusion for customers family at the time
of the funeral
In insurance, under the law of agency, the INSURER is bound by the acts of its insurance agents
An insurance company that allows an agent to collect implied
premiums on its behalf even though that authority is not
listed in the agent's contract is considered ____ authority
The implied authority of insurance agents is unwritten
An agent's authority to solicit applications on behalf of the agents contract with the insurer
insurer is granted in the
The type of authority that is detailed in the agent's contract is express
with the insurance company
