preneed insurance
We’ve touched on the subject in this forum before — when is the proper age, as a consumer, to look into getting a preneed funeral/cremation account? I’ve opined that our funeral home used to look at Social Security age and then lowered that to age 55 and over. Lately, according to all that I…
Read MoreI happened to look at the cash sitting in my Money Market account the other day and noticed I was receiving more interest than I had been recently. I took out my calculator and realized that my John Hancock Money Market account was paying me 3% interest. For savers, that’s the upside of the Federal…
Read MoreCollecting of accounts receivables has came a long way from the 1930’s when a funeral home just asked the client family to “settle up” when ready. Today’s use of cash-flow makes it imperative that funeral homes reduce the amounts of money they have “on the books”. In addition, helping families receive money due them from…
Read MoreThis article that appeared in Newser indicates that American life insurance companies paid out death benefits totaling about $90.43 billion dollars in 2020 – the first year of America’s battle with Covid-19. It also indicates that was a 15.4% increase over death benefits paid out in 2019, prior to the Covid-19 pandemic situation. The article…
Read MoreToday’s “Get to Know Them” article features Bob Heidlage of Global Recruiters of Cincinnati.. I know Bob only from his kind comments that he passed on to me about his daily reading of Funeral Director Daily. From those comments I wanted to know more about him and his link to the death care profession. From…
Read MoreAs we head not only into the weekend but into the month of August, we found lots of interesting stories for our readers. And, they are from all over the world. . .from preneed insurance in New Zealand, to public company finances in Great Britain, and back to the good old U.S.A. with stories ranging…
Read MoreSecurity National Financial Corporation of Utah, a public company that has operations in both the mortuary and insurance businesses reported financial numbers for their 3rd Quarter of 2019 recently. You can read their press release on that information here. 3rd Quarter Life Insurance revenues are up slightly to $29.8 million in 2019 from $28.9 million…
Read MoreA net operating loss of $76.3 million was reported by global conglomerate Assurant yesterday. While two – Global Lifestyle and Global Preneed – of their three operating units posted profits, they were far outweighed by the losses in the Global Housing segment to produce the loss. The Global Housing unit loss of $110.3 million was…
Read More