Funeral prearrangement - 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...

Texas Funeral Prearrangement Test

A funeral prearrangement life insurance agent must be supervised - 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 - $15,000 A funeral prearrangement life insurance agent license expires when the agent - 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...

Funeral Prearrangement License ExamAgent - correct answer A funeral prearrangement life insurance agent must be supervised by a legal reserve life insurance ________ whose company holds a seller's permit 15,000 - correct answer The maximum initial guaranteed death benefit that a funeral prearrangement life insurance may sell is ________ Appointing - correct answer A funeral prearrangement life insurance agent license expires when the agent ceases to to represent the ____ insurance company...

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 called the: Mortality charge, Reserve, Standard risk, Liability account - ANSWER-Mortality Charge When t...

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...

TEXAS FUNERAL PREARRANGEMENT TEST

Funeral Prearrangement license exam 2024 questions and answers Legal reserve life insurance Agent -Answer-A funeral prearrangement life insurance agent must be supervised by a _____ who's company holds a seller's permit $15,000.000 -Answer-The maximum initial guaranteed death benefit that a funeral prearrangement life insurance may sell is ____ Appointing insurance company -Answer-A funeral prearrangement life insurance agent license expires when the agent ceases to represent the ______...

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