- (a) "Prepaid funeral benefits contract" means any written contract or agreement, whether funded by insurance policies or annuity contracts, referred to in this section as "policies" or "insurance policies," or by trust deposits, which has for its purpose the furnishing or delivery of prepaid funeral benefits in connection with the final disposition of a human corpse at a time determinable by the death of such person.
- (b) "Seller" or "Provider," as used in this rule, refer to the seller or to the provider of an insurance-funded contract, respectively, or to the seller/provider of a trust-funded contract.
- (c) "Purchaser," as used in this rule, refers to the purchaser of the prepaid funeral contract.
Source Note:The provisions of this §25.1 adopted to be effective January 4, 1995, 19 TexReg 10229.