What is the implication of a "non-guaranteed" service in a preneed contract?

A "non-guaranteed" service in a preneed contract means that the service may fluctuate in price over time. This designation indicates that while the service may be arranged or paid for in advance, the actual cost at the time of need is not locked in. Therefore, the family may face variations in cost due to factors such as inflation, changes in market rates, or other economic conditions that can affect funeral service pricing.

Understanding this concept is essential for consumers considering preneed arrangements, as it highlights the potential for unexpected costs when the time comes to utilize those services. By contrast, the other options suggest conditions that do not apply to a non-guaranteed service, such as a promise of no additional costs, guaranteed refunds, or assurances about the quality of the service. These qualities are associated with guaranteed services, which may protect consumers from price increases or ensure certain features are included without further financial obligation.