Frequently asked questions specifically concerning regulation and enforcement pre-need funeral topics.
OUR MOST FREQUENTLY ASKED QUESTIONS
- 1.Who must register as a preneed provider?
- 2.What is the cost of registration?
- 3.How long does my registration last? When does it expire?
- 4.Where can I find a registration form?
- 5.Must I use a contract approved by the Secretary of State’s Office to sell preneed merchandise and/or services?
- 6.When do I collect the ten ($10) dollar Loss Recovery fee?
- 7.Do I need to send in the Loss Recovery Quarterly Report form even if I only sell insurance-funded preneed?
- 8.Do I still have to file my Annual Report now that I file the Loss Recovery Quarterly Report?
- 9.I am a trust officer. How do I know if I need to file a Trustee Annual Report?
FAQ ANSWERS
1.Who must register as a preneed provider?
Answer:
Anyone who sells any funeral merchandise and/or services to someone who is still living to be delivered upon death is required to register as a preneed provider with the Regulation and Enforcement Division.
Back to top2.What is the cost of registration?
Answer:
Initial registration is two hundred fifty ($250) dollars. Renewal Registration is fifty ($50) dollars.
Back to top3.How long does my registration last? When does it expire?
Answer:
Registration lasts for one year. All registrations expire on March 31st of each year. At that time, all preneed providers must submit a renewal registration (and Annual Report) with the fifty ($50) dollar renewal fee.
Back to top4.Where can I find a registration form?
Answer:
The Preneed Establishment and/or Agent Registration Form is available on this website or you may call our Office at 601-359-9055 and ask for the preneed unit. The same form is used for initial registration, renewal registration, and agent registration.
Back to top5.Must I use a contract approved by the Secretary of State’s Office to sell preneed merchandise and/or services?
Answer:
Yes. Preneed merchandise and/or services should not be sold on any contract that has not been approved by the Regulation and Enforcement Division. You must use a written contract to sell preneed and it must be approved by our Office. To have your contract approved, mail a copy with a cover letter requesting review of your contract to P.O. Box 136, Jackson, MS 39205-0136. Be sure to designate on the envelope that it should go to the Regulation and Enforcement Division.
Back to top6.When do I collect the ten ($10) dollar Loss Recovery fee?
Answer:
You must collect the ten ($10) dollar Loss Recovery fee when you sell any preneed services or merchandise after July 1, 2009 that is funded all or in part by trust. If you have questions, call our Office at 601-359-9055 and ask for the preneed unit.
Back to top7.Do I need to send in the Loss Recovery Quarterly Report form even if I only sell insurance-funded preneed?
Answer:
Yes, even if you only sell insurance-funded preneed services and merchandise, you must still fill out and return the Loss Recovery Quarterly Report form to our Office on a quarterly basis.
Back to top8.Do I still have to file my Annual Report now that I file the Loss Recovery Quarterly Report?
Answer:
Yes, the requirement to file the Loss Recovery Quarterly Report form is a separate requirement from the Annual Report.
Back to top9.I am a trust officer. How do I know if I need to file a Trustee Annual Report?
Answer:
If you are the trust officer for any trust that contains funds from the sale of preneed services and/or merchandise, then you should file the Trustee Annual Report. If you are unsure, call our Division at 601-359-9055 and ask for the preneed unit.
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