5 Del. Admin. Code § 3401-5.0

Current through Reigster Vol. 28, No. 6, December 1, 2024

Section 3401-5.0 - Annual Statements to Preneed Contract Beneficiaries

5.1 At least once, annually, each licensee shall deliver, to each beneficiary of its preneed funeral contracts, or an appropriate representative of the beneficiary, a statement containing the following information:

5.1.1 the name and address of the financial institution where the trust account for the contract is held;

5.1.2 the total amount held in that trust account at the beginning of the statement period;

5.1.3 the number and amounts of payments received during the statement period;

5.1.4 the amount of interest accrued during the statement period; and

5.1.5 the total amount held in the trust account at the end of the statement period.

5 Del. Admin. Code § 3401-5.0

18 DE Reg. 159 (8/1/2014) (Final)