Md. Code Regs. 10.29.06.07

Current through Register Vol. 51, No. 22, November 1, 2024

Section 10.29.06.07 - Premature Death of Beneficiary or Buyer

If the death of the buyer or beneficiary occurs before the terms and conditions of the preneed contract are met, the buyer or legal representative of the beneficiary shall be given the option of withdrawing all funds paid and interest accrued or renegotiating a contract with mutually agreed upon financial adjustments.