What does a guaranteed contract in funeral services ensure?

A guaranteed contract in funeral services serves to protect consumers by ensuring that the services stipulated in the agreement will be provided at the agreed-upon prices regardless of any future price increases or changes in the market. This means that once the contract is signed and the prices are locked in, the funeral provider cannot raise those costs, even if inflation or other economic factors would typically lead to higher charges. This type of contract provides peace of mind to families planning ahead and helps them budget for their final expenses, knowing exactly what they will pay.

The other options do not accurately describe the nature of a guaranteed contract. For instance, a guaranteed contract doesn't imply that services are free or that there's no cost to the consumer. Additionally, it protects consumers from price increases rather than allowing them to happen without notice. Finally, guaranteed contracts have specific terms and conditions that must be adhered to; thus, ignoring contract limitations goes against the foundational purpose of such agreements.