Common Contracts
1 similar Preneed Funeral Contract contracts
INFLATION-PROOF INSURANCE PRENEED FUNERAL CONTRACTPreneed Funeral Contract • October 14th, 2021
This contract is being funded by a life insurance policy or product. Funeral Home will accept the benefits of the life insurance policy or product as the full payment for the Guaranteed Funeral Goods and Services (Sections A + B on the Inflation-Proof Preneed Statement of Funeral Goods and Services Selected), even if the retail price for those items at the time of need is greater than the death benefit. Funeral Home is not entitled to receive the death benefits purchased to fund Non-Guaranteed Cash Advance Items and NC Sales and Use Tax (Sections C + D on the Inflation-Proof Preneed Statement of Funeral Goods and Services Selected) to cover the at-need retail price of guaranteed items, but must prorate any increase in the death benefit respectively.
