Non-guaranteed Price Preneed Contract - South Carolina

Non-guaranteed Price Preneed Contract - South Carolina

Non-guaranteed Price Preneed Contract is a legal document that was released by the South Carolina Department of Consumer Affairs - a government authority operating within South Carolina.

FAQ

Q: What is a non-guaranteed price preneed contract?
A: A non-guaranteed price preneed contract is an agreement between a customer and a funeral provider for future funeral services at a price that is subject to change.

Q: How does a non-guaranteed price preneed contract work?
A: Under a non-guaranteed price preneed contract, the customer pays for funeral services in advance, and the funeral provider agrees to provide those services at the current pricing at the time of need. However, the price may increase in the future.

Q: What are the benefits of a non-guaranteed price preneed contract?
A: The benefits of a non-guaranteed price preneed contract include the ability to lock in current pricing and secure desired funeral services in advance.

Q: What are the risks of a non-guaranteed price preneed contract?
A: The main risk of a non-guaranteed price preneed contract is the potential for the price to increase in the future. Additionally, if the funeral provider goes out of business, there may be challenges in obtaining a refund or transferring the contract to another provider.

Q: Are non-guaranteed price preneed contracts regulated in South Carolina?
A: Yes, non-guaranteed price preneed contracts in South Carolina are regulated by the South Carolina Board of Funeral Service.

Q: Can I cancel a non-guaranteed price preneed contract?
A: It depends on the terms of the contract and the state laws. In South Carolina, customers have the right to cancel a non-guaranteed price preneed contract within three days of signing it.

Q: Can I transfer a non-guaranteed price preneed contract to another funeral provider?
A: In South Carolina, if the funeral provider named in the contract goes out of business, the customer may be able to transfer the contract to another funeral provider. However, this will depend on the specific circumstances and terms of the contract.

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Form Details:

  • Released on June 1, 2020;
  • The latest edition currently provided by the South Carolina Department of Consumer Affairs;
  • Ready to use and print;
  • Easy to customize;
  • Compatible with most PDF-viewing applications;

Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the South Carolina Department of Consumer Affairs.

Download Non-guaranteed Price Preneed Contract - South Carolina

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