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.