1. (1) A licensed funeral director or operator of a funeral establishment shall submit an application with all of the following information:

   1. (a) The identity of any agent authorized by s. 445.125 (3m), Stats., to sell or solicit the sale of a burial agreement that is funded with the proceeds of a life insurance policy on behalf of the licensed funeral director or operator of a funeral establishment.
   2. (b) The agent’s Wisconsin life insurance intermediary’s license number and expiration date, and the insurer or insurers whom the agent is listed to represent.
   3. (c) Evidence satisfactory to the board that the agent has successfully completed at least 20 hours of approved educational training as provided in s. FD 6.05. An agent who is a Wisconsin licensed funeral director and a Wisconsin licensed insurance intermediary shall be exempt from having to complete the 20 hours of approved educational training as provided in s. FD 6.05.
2. (2) A copy of each contract between an agent and an operator of a funeral establishment shall accompany the application.
3. (3) The application shall be accompanied by the fee authorized in s. 440.05 (1), Stats.
4. (4) Upon receipt of an application and payment of the fees, the board shall issue a registration card to an agent.

5. (5) No agent may sell or solicit the sale of a burial agreement funded with the proceeds of a life insurance policy unless he or she is registered by the board.

   Note: Instructions for applications can be found on the department of safety and professional services’ website at http://dsps.wi.gov.

History

History: Cr. Register, October, 1997, No. 502, eff. 11-1-97.