How much is the fee for each preneed funeral sold that goes into the fund?

The fee for each preneed funeral sold that is deposited into the fund is set at $10. This fee is established to ensure that there is proper funding for regulatory activities related to preneed funeral services in Ohio. The fund plays a vital role in protecting consumers and ensuring that the preneed funeral contracts are honored according to the laws and regulations.

Understanding the fee structure is crucial for funeral service professionals, as it directly impacts their business practices and compliance with state regulations. The fee is collected to support the oversight of the preneed funeral industry, which benefits both consumers and providers by promoting accountability and transparency in the services rendered.