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FPCOB 7.1 Application and Purpose

Application

FPCOB 7.1.1R

1This chapter applies to a funeral plan provider.

Purpose

FPCOB 7.1.2G

1The rule in this chapter ensures that, subject to an initial maximum 2 24-month moratorium period, a customer who chooses to pay for a funeral plan contract in instalments receives the funeral under that contract even if the covered individual dies before the end of the instalment period.