Who can legally cancel a preneed contract?

The preneed purchaser holds the legal right to cancel a preneed contract. This is because the contract is typically established between the individual who intends to prearrange or prepay for their funeral services and the funeral provider. As the party that entered into the agreement, the preneed purchaser has the authority to change their mind and terminate the contract according to the terms set forth within the contract itself.

It’s essential to also consider that while other parties may have involvement or influence in the management of the contract, they do not possess the contractual rights to cancel it. For instance, the funeral director may provide guidance or information regarding the contract, but they cannot unilaterally cancel it. Similarly, the insurance company involved may hold a policy related to the preneed services but doesn't have the authority to cancel the contract either. Lastly, the state board oversees compliance and regulatory matters but does not have the power to cancel contracts unless they are violating laws or regulations, which is a separate issue from the contractual agreement itself. This delineation of authority ensures that the rights of the purchaser are protected in the transactional process of preplanning funeral services.