Funeral statute exam Study guides, Class notes & Summaries

Prepaid Funeral Statute Exam with correct Answers What is the maximum amount of money a person can deposit in a prepaid funeral trust account? -Answer-non-guaranteed: $20,000 ; guaranteed: no limit What percentage of prepaid trust funds may a funeral director withhold and at what time may he withhold them? -Answer-10% ; when funds are collected What state official regulates prepaid funerals? -Answer-insurance commissioner What percentage of all prepaid funeral monies must be placed in trus...

Prepaid Funeral Statute Exam

Prepaid Funeral Statute Exam with correct Answers What is the maximum amount of money a person can deposit in a prepaid funeral trust account? -Answer-non-guaranteed: $20,000 ; guaranteed: no limit What percentage of prepaid trust funds may a funeral director withhold and at what time may he withhold them? -Answer-10% ; when funds are collected What state official regulates prepaid funerals? -Answer-insurance commissioner What percentage of all prepaid funeral monies must be placed in trus...

NC adjuster Exam Questions and Answers Already Passed Inception/Expiration Date The date on which coverage became effective or expired. Policies in North Carolina become effective and expire at 12:01am Occurrence Date The date on which the loss occurred Identification of Parties involve The loss report should include the names and addresses of the parties involved in the loss, the names and addresses of any injured person(s) and the names and addresses of any witness(s) Policy form /Number Id...

Prepaid Funeral Statute Exam with correct Answers

What is the maximum amount of money a person can deposit in a prepaid funeral trust account? non-guaranteed: $20,000 ; guaranteed: no limit What percentage of prepaid trust funds may a funeral director withhold and at what time may he withhold them? 10% ; when funds are collected What state official regulates prepaid funerals? insurance commissioner What percentage of all prepaid funeral monies must be placed in trust? non-guaranteed: 100% ; guaranteed: 90% When m...

Prepaid Funeral Statute Exam Questions and Answers 100% Correct

What is the maximum amount of money a person can deposit in a prepaid funeral trust account? - Answer- non-guaranteed: $20,000 ; guaranteed: no limit What percentage of prepaid trust funds may a funeral director withhold and at what time may he withhold them? - Answer- 10% ; when funds are collected What state official regulates prepaid funerals? - Answer- insurance commissioner What percentage of all prepaid funeral monies must be placed in trust? - Answer- non-guaranteed: 100% ; guara...

Prepaid Funeral Statute Exam Questions and Answers

Funeral Directing Arts SBE Study Guide Exam Questions & Answers 2024/2025 Herzberg - ANSWERSWhat term describes the "two factor" theory? Express & Implied Warranties - ANSWERSThe Magnuson-Moss Warranty Act is a federal statute which governs: Libitinarius - ANSWERSRoman undertaker was known as: Trisagion - ANSWERSThree short services or blessings, conducted at the funeral home the evening before the funeral service, on the day of the funeral service before leaving the funeral home...