What happens if a preneed funeral contract is cancelled?

When a preneed funeral contract is cancelled, the law requires that all funds paid under that contract must be returned to the purchaser within 30 days. This provision is in place to protect consumers who may change their minds or find themselves in different circumstances that affect their initial decision to prepay for funeral services. It emphasizes the rights of consumers to receive their funds back promptly, ensuring they are not left with an undue financial burden if they choose to void the agreement.

The requirement for a full return of funds within a specific timeframe allows for clarity and reassurance for individuals entering into preneed contracts. It reinforces the notion that such contracts should remain fair and equitable, honoring the intentions of the client while also acknowledging their right to change their mind without suffering loss.