- ICCFA CAFÉ
- PET LOSS
- MUSIC LICENSES
- FOR CONSUMERS
- LOT EXCHANGE
- FIND A MEMBER
- INDUSTRY INFO
These guidelines are advisory in nature and set out general concepts rather than precise statutory language. The ICCFA is not recommending that the guidelines be codified into law as a whole. Instead, the guidelines are intended for consideration as a series of options to be selectively chosen by interested parties to address particular concerns.
Developed in 1998 by the Government and Legal Affairs Task Force of the
International Cemetery and Funeral Association
Trust-funded and insurance-funded prearrangements offer different advantages to purchasers. Each purchaser should compare the features of each funding method when deciding whether to convert prepaid contract trust funds to insurance. Sometimes it may be preferable to convert a prepaid contract that is initially funded through a trust to insurance. Any conversion should protect the rights and interests of the purchaser.