Rearrangement Study guides, Class notes & Summaries

Funeral Prearrangement license exam

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

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...

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...

Texas Funeral Prearrangement Life License Study GuideA funeral prearrangement life insurance agent does not need to be ___________. supervised by anyone Effective September 2011, a funeral prearrangement life licensed agent may write a policy for an amount that matches the funeral benefits contract. There no longer is a limit of $15,000 (Please note the exam has not been updated by the state, therefore the answer to question #2 still reflects the amount of $15,000 as the correct answer) ...

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...

Texas Funeral Prearrangement Test

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...