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Preneed Funeral Contracts

On July 1, 2006, the regulation of Preneed Funeral Contracts was transferred to the Department. The law requires that a funeral home be licensed to sell Preneed Funeral Contracts.  All monies received for a Preneed Funeral Contract must be deposited into a trust account or burial insurance policy.  Each Preneed Funeral Contract must be submitted to the Department accompanied by a $20 filing fee, part of which goes into the loss reimbursement fund.

There is an Initial/New Preneed Funeral Contracts Licensing fee of $250 and a renewal fee of $200.  The Preneed Funeral Contracts License must be renewed by September 30th of every odd-numbered year.

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