What does a trusted contract guarantee regarding funeral costs?

Study for the Ontario Funeral Services License Exam. Access flashcards and multiple choice questions, each with hints and explanations. Prepare effectively for your exam!

A trusted contract guarantees that the purchaser will never need to pay more than current prices. This type of contract typically locks in the costs associated with funeral services at the time of purchase, providing financial predictability and protection against rising prices. It ensures that the family or individual does not face unexpected increases in funeral service costs, which can be particularly beneficial as expenses may rise over time due to inflation or changes in market conditions.

This feature of a trusted contract is designed to offer peace of mind to those planning for the future, facilitating better financial planning in relation to funeral expenses. Understanding this aspect is crucial for consumers as it highlights the added value of securing costs at today’s price levels, which can alleviate financial burdens during a difficult time.

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