Insurance 2 Flashcards
A general price list (GPL) must disclose
The availability of alternative containers for cremation
The GPL must
Price each item or service separately
Which item on the funeral providers general pricelist cannot be declined by the purchaser
Basic services of the funeral Director
The FTC funeral rule prohibits funeral providers from
Requiring the purchase of a casket for direct cremation
How long a funeral provider keep a copy of a price list on file after its last distribution to a customer
One year
Pre-paid funeral benefit contracts forms must be approved by:
The Texas Department of Banking
After an insurance funded prepaid funeral benefit contract has been assigned. A copy must be provided to the purchaser within.
30 days
Premiums collected for insurance policies, funding prepaid, funeral benefits must be remitted to the insurance company within
30 days
For which action may a contract, sellers permit be canceled
Feeling to provide premium, remittance evidence requested by the banking department
