Common use of THIS CONTRACT IS FUNDED BY LIFE INSURANCE AND/OR ANNUITIES Clause in Contracts

THIS CONTRACT IS FUNDED BY LIFE INSURANCE AND/OR ANNUITIES. The Seller presenting this document is a representative of the Provider, and as an insurance agent (if applicable), the Seller is representing the insurance company. The Seller, the Provider, and their agencies may receive commissions or other compensation as a result of funding this Contract with insurance and annuity contracts. The Provider must be designated to receive the death benefits of the life insurance and annuities. Life insurance used to fund a preneed contract must cover not less than the initial retail price of the preneed contract. Annuities used to fund a preneed contract must ultimately cover not less than the initial retail price of the preneed contract. Preneed contracts funded by a combination of life insurance and annuities must ultimately cover not less than the initial retail price of the preneed contract. (See also Disclosure 8).