“preneed”

Preneed Funeral Contract Consumer Protection Act

This bill reshapes preneed funeral contracts in the consumer’s favor. It caps what a funeral home can keep when a family cancels at 10%, forces a 30-day full-refund window, and requires trust fund balances to appear on annual statements. Operators relying on preneed cancellation revenue will need to adjust.

SB 1017 is the most significant preneed legislation Michigan has seen in 20 years. The 30-day full-refund window is a big consumer win, but the 10% cancellation cap may actually hurt smaller funeral homes more than large chains — we should be advocating for a sliding scale based on services already delivered.