Ftc funeral rule - Study guides, Class notes & Summaries

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 biannual renewal application and fee When an application for an insurance agent license ...

FTC Funeral Rule Exam Questions Correct Answers New Update (A+ Pass) April 30, 1984 - Answers - When did the funeral rule go into effect Funeral Rule - Answers - ______________ requires you to give consumers accurate, itemized price information and various other disclosures about funeral goods and services $40,654 - Answers - If you violate the funeral rule, you may be subject to penalties up to __________ per violation misrepresenting - Answers - funeral rule prohibits you from ____...

When did the funeral rule go into effect - ️️April 30, 1984 ______________ requires you to give consumers accurate, itemized price information and various other disclosures about funeral goods and services - ️️Funeral Rule If you violate the funeral rule, you may be subject to penalties up to __________ per violation - ️️$16000 funeral rule prohibits you from __________________ legal, crematory, and cemetery requirements - ️️misrepresenting funeral rule prohibits you ...

A funeral prearrangement life insurance agent must be supervised - 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 - Answer- $15,000 A funeral prearrangement life insurance agent license expires when the agent - Answer- Fails to submit a biannual renewal application and fee When an application for an insurance agent license is denied, except...

FTC Funeral Rule-Ohio Laws Exam | Questions and Correct Answers | Latest Update 2024/2025 What is the funeral rule? - Answer -The requirement to offer for retention the general price list (GPL) to the funerary consumer. Is the funeral rule federal or state? - Answer -federal When was the funeral rule established? - Answer -April 30, 1984 When was the funeral rule revised? - Answer -1994 If a pre-need was created prior to 1984, does the rule apply? - Answer - no If a pre-need was creat...

FTC Funeral Rule-Ohio Laws Exam | Questions and Correct Answers | Latest Update 2024/2025 What is the funeral rule? - Answer -The requirement to offer for retention the general price list (GPL) to the funerary consumer. Is the funeral rule federal or state? - Answer -federal When was the funeral rule established? - Answer -April 30, 1984 When was the funeral rule revised? - Answer -1994 If a pre-need was created prior to 1984, does the rule apply? - Answer - no If a pre-need was creat...

According to the FTC Funeral Rule, which of the following "minimal services" or "package prices" must be included on the General Price List if offered for sale? (CFR 16, 453.2) - ACCURATE ANSWERS Direct cremation, forwarding of remains, receiving of remains, and immediate burial According to the FTC Funeral Rule, when must funeral providers give price information over the telephone? (CFR 16, 453.2) - ACCURATE ANSWERS When asked about the provider's offerings or prices An ind...

When did the Funeral Rule go into effect? The FTC heavily revised/amended the Funeral Rule in what year? - ️️April 30, 1984; amended in 1994 You cannot require a family to purchase a __________. - ️️casket for direct cremation The Funeral Rule requires you to give consumers ___________ about funeral goods and services. - ️️accurate, itemized price information and various other disclosures You cannot misrepresent __________ requirements. - ️️legal, crematory, and/or cemet...

Mortuary Administration Questions and Answers Already Passed Which document is legally required to release a deceased person's body from a hospital to a funeral home? a) Death certificate b) Birth certificate c) Release form d) Consent form a) Death certificate What is the primary purpose of embalming? a) To improve the appearance of the deceased b) To preserve the body for a longer period c) To prepare the body for cremation d) To comply with state regulations b) To preserv...

A funeral prearrangement life insurance agent must be supervised - 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 - Answer- $15,000 A funeral prearrangement life insurance agent license expires when the agent - Answer- Fails to submit a biannual renewal application and fee When an application for an insurance agent license is denied, except...