VA Regulations For Preneed Funeral Planning: Questions & Answers (Rated A+)
appointee Right Ans - the individual selected by contract beneficiary to arrange a preneed funeral plan on behalf of the contract beneficiary
capper, steerer or shill Right Ans - a person who serves to entice another to
purchase a product or direct the course of action and choice of the buyer in a preneed funeral contract sale
cash advance item Right Ans - item of service or merchandise described to a purchaser as a "cash advance", "accommodation" or "cash disbursement". May be obtained from a third party and paid for by the funeral home i.e. cemetery or crematory services, pallbearers, honoraria, flowers, etc.
consideration, contract price, or funds Right Ans - money, property, or any other thing of value provided to be compensation to a contract seller or a contract provider(does not include late payments made to a governmental agency)
contract Right Ans - written, preneed funeral contract, and all documents pertinent to the terms of the contract under which a person promises to furnish certain goods and services
contract beneficiary Right Ans - individual for whom the funeral services and supplies are being arranged
contract buyer Right Ans - purchaser of the preneed contract
contract provider Right Ans - funeral est. designated by the contract buyer and contracting with the contract buyer to provide funeral services and supplies in the preneed funeral contract
contract seller Right Ans - funeral service licensee who makes the preneed arrangements with the contract buyer for the funeral service who makes the financial arrangements for the service and the goods and supplies to be provided
appointee Right Ans - the individual selected by contract beneficiary to arrange a preneed funeral plan on behalf of the contract beneficiary
capper, steerer or shill Right Ans - a person who serves to entice another to
purchase a product or direct the course of action and choice of the buyer in a preneed funeral contract sale
cash advance item Right Ans - item of service or merchandise described to a purchaser as a "cash advance", "accommodation" or "cash disbursement". May be obtained from a third party and paid for by the funeral home i.e. cemetery or crematory services, pallbearers, honoraria, flowers, etc.
consideration, contract price, or funds Right Ans - money, property, or any other thing of value provided to be compensation to a contract seller or a contract provider(does not include late payments made to a governmental agency)
contract Right Ans - written, preneed funeral contract, and all documents pertinent to the terms of the contract under which a person promises to furnish certain goods and services
contract beneficiary Right Ans - individual for whom the funeral services and supplies are being arranged
contract buyer Right Ans - purchaser of the preneed contract
contract provider Right Ans - funeral est. designated by the contract buyer and contracting with the contract buyer to provide funeral services and supplies in the preneed funeral contract
contract seller Right Ans - funeral service licensee who makes the preneed arrangements with the contract buyer for the funeral service who makes the financial arrangements for the service and the goods and supplies to be provided
