23 CAR § 140-102. Definitions

As used in this part: (1) "Funding life insurance company" means the life insurance company that is responsible for funding the prepaid funeral benefits contract; (2) "Policyholder" means the contract purchaser; (3) "Seller" means the organization who sold the prepaid funeral benefits contract to the consumer; and (4) "Substitute provider" means the funeral home that is assuming the prepaid funeral benefits contract in the case of a transfer.