Which of the following is a disclosure requirement for preneed contracts funded by other means?

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Prepare for the Ohio Funeral Directing/Embalming Test. Utilize flashcards and multiple-choice questions, complete with hints and explanations. Ace your exam!

The requirement for details on trust fees, expenses, and taxes deducted in preneed contracts funded by methods other than insurance is crucial for transparency and consumer protection. By listing these details, consumers are fully informed about how their funds will be managed and what costs may be incurred over time. This ensures that individuals understand the financial implications of their preneed arrangements, including how much money will ultimately go toward their funeral services versus fees taken by the trust or service provider. This disclosure not only promotes trust but also helps safeguard consumers against unexpected charges and allows for informed decision-making regarding their preneed investments.

As for the other options, while the name and address of the insurance agent, authorization from family members, and references to state laws are important in the context of preneed contracts, they do not specifically address the financial transparency related to trusts. These factors may involve compliance with regulatory standards or personal consent, but it is the detailed financial disclosures that offer a clear understanding of how funds are used, making option B the most relevant requirement for ensuring transparency in preneed contracts.

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