What must the general price list (GPL) include?

The general price list (GPL) is a crucial document in the funeral industry, serving to ensure transparency and compliance with regulations. The correct choice states that it must include the funeral provider's name and address, the effective date, and the caption "General Price List." This requirement is set forth by the Federal Trade Commission (FTC) under the Funeral Rule, which mandates that consumers be provided with clear and accessible pricing information.

Having the funeral provider's name and address on the GPL is essential for identification and assures consumers they are dealing with a legitimate business. The effective date is critical as it informs clients about the timeframe for which the listed prices are valid, enabling them to understand any potential changes in costs over time. Lastly, the caption "General Price List" clearly labels the document, helping consumers recognize it as the primary source of price information related to funeral services.

This document plays a significant role in fostering informed decision-making for families planning funerals, and compliance with these requirements helps protect consumer rights.