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Florida Funeral Merchandise and Services Preneed Sales Surety Bond

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The State of Florida Department of Financial Services, Division of Funeral, Cemetery and Consumer Services, regulates Funeral Directors, Embalmers, Cemetery, Direct Disposer, Monument Establishments and Preneed Agent licensing.

The division also protects the public by establishing minimum contract requirements for preneed funeral purchases, ensures that cemetery grounds are properly maintained, establishes qualifications for the embalming, funeral directing, cremation and direct disposition process, and has enforcement rights for those practitioners that violate the law. Florida Statutes Chapter 497.450-497.468 provides the details for preneed sales and the licensing process.

Surety Bond and License Requirements:

  1. Complete the license application and payment of license fee.
  2. The applicant must meet net worth requirements specified by the licensing authority which is based on the total retail value of the preneed contracts (Form R3A).
  3. Establish a preneed trust fund or instead of depositing funds into a trust, and obtain a surety bond or letter of credit in the amount required by the licensing authority (Form DFS-C-1).

How Much Does a Preneed Sales Bond Cost?

The premium that you pay for a Florida Preneed License Surety Bond is dependent on credit or financial statements and the bond amount required. Rates start as low as 2% of the required bond amount based on good credit. Contact our Surety Bond Specialists for a free quote that fits your specific bond type.

Related Links:

Alabama Preneed Funeral Merchandise & Service Contracts Bond
Florida Preneed Sales Statutes
Florida Preneed Sales Agent License Information

More Surety Bond Questions?

Check out our FAQ page or What’s a Surety Bond? page. Should you need or choose to buy a surety bond, buy from us. SuretyGroup.com has been underwriting surety bonds throughout the U.S. for more than 35 years. When you work with us, you enjoy the unique benefit of dealing with a team of highly experienced surety agents with in-house underwriting authority. This allows you to receive competitive, low rates, quick approvals, and immediate bond delivery. In most cases, your bond will be delivered within 24 hours after you apply for it.


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