What is NOT included in the disclosures required for a preneed contract?

In the context of preneed contracts, the components of required disclosures are designed to ensure that consumers have all necessary information to make informed decisions regarding funeral services that they plan for in advance. Pricing information, cancellation rights, and any changes in next of kin (NOK) typically need to be clearly laid out so that the consumer understands their financial obligations, the rights they retain, and who will be involved should any changes occur.

The requirement for disclosure does not extend to the comparison with other funeral homes. This is because preneed contracts are personal agreements based on service provisions of one particular funeral home and do not encompass the services or pricing of competitors. By excluding comparisons, the focus remains on the specific offerings of the funeral service provider involved in the preneed contract. This serves to prevent confusion and potential misinformation, ensuring that consumers are solely evaluated based on the terms and conditions set forth by the funeral home they choose.