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South Carolina – Performance Bond of Pre-need Funeral Contracts Bond

South Carolina – Performance Bond of Pre-need Funeral Contracts Bond

 

The South Carolina Department of Consumer Affairs requires a special type of Surety Bond called a pre-need funeral Bond to make sure funeral homes maintain their contracts and conduct business ethically. These Bonds make the funeral home liable for misappropriated funds or contract breeches. They also protect the public from dishonest or unethical business practices on the part of the funeral home.

Just as with other consumer-oriented Bonds, the preneed funeral Bond is a way for consumers to feel more confident about their purchases. The preneed consumer Bond ensures that an impartial third party will step in between the consumer and funeral home should there be a dispute about the contract. This encourages consumers to do business with a reputable funeral home that executes Bonds for each preneed funeral contract.