Funeral prearrangement - Study guides, Class notes & Summaries

Texas Funeral Prearrangement Test Newest Questions and Answers (2023 / 2024) (Verified Answers)

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 2024 - 100% Correct 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...

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...

Texas Funeral Prearrangement License Exam Questions With Correct Answers 2024/2025 (100% VERIFIED) 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 t...

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 Life Insurance Agent License 2024 Accidental Death Benefit Rider -Answer-Pays a certain factor of the face amount of the policy if the insured dies in an accident. Accumulation Period -Answer-Time during which a pool of money is being held earning interest in an annuity. Advertising -Answer-Must be clear, understandable, and not misleading. Alien Company -Answer-Insurance companies incorporated in other countries but licensed to do business in Texas. Annual ...

Funeral Prearrangement License Exam Texas Questions and Answers 2024 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 a...

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 Questions and Answers Latest 2024/2025 100% Correct. 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: Mortal...