North Carolina Funeral Law Practice Exam

What is the maximum value of the funeral benefit for a covered individual over the age of 10?

1. One hundred dollars

2. Five hundred dollars

3. One thousand dollars

4. Two thousand dollars

The correct answer is: One thousand dollars

The maximum value of the funeral benefit for a covered individual over the age of 10 is set at one thousand dollars. This figure is established within the context of North Carolina's funeral laws, which dictate the financial limits for funeral benefits, particularly for individuals who meet specific criteria. Understanding this framework is essential, as these laws are put in place to ensure that sufficient funds are available to cover funeral expenses while also protecting the interests of those involved, including families and providers of funeral services. The specified amount reflects an effort to balance affordability and quality of care for funeral services, also taking into account inflation and the typical costs associated with funerals in North Carolina. The relevance of this figure is significant for funeral service providers and families planning for potential end-of-life expenses, ensuring that they are well informed about the limitations and provisions that govern funeral benefits in North Carolina.