Which of the following parties is responsible for notifying the purchaser about the policies/annuities funding a preneed contract?

The insurance company holds the responsibility for notifying the purchaser about the policies or annuities that are funding a preneed contract. This is due to the role of the insurance company in managing and overseeing the specifics of the policies associated with the preneed contract. When a preneed contract is funded through an insurance policy or annuity, it is the insurance company that issues the policy and thus has the obligation to inform the purchaser about the details, status, and terms of these financial instruments. This ensures that the purchaser has a clear understanding of what their investment entails and the protections or benefits associated with it.

In contrast, the funeral director may facilitate the process or provide information regarding the preneed services, but they do not manage the insurance policies or annuities themselves. The trustee's role is typically related to holding and managing the funds until they are needed, rather than communicating details about the insurance policy. The purchaser may be aware of their contract and policies, but it is not their responsibility to provide updates or notifications on the policies, as this falls to the insurance company. Therefore, it is essential for purchasers to receive accurate and timely information directly from the insurance companies to ensure clarity in their financial planning for funeral services.