preneed insurance

When is the right age to establish a preneed account? . . . Maybe on your wedding day

By Funeral Director Daily / February 16, 2023 /

  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…

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Funeral Directors Life announces “Growth Rate” increase

By Funeral Director Daily / December 14, 2022 /

I 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…

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C&J Financial releases “Quick Claim” mobile app

By Funeral Director Daily / September 1, 2022 /

Collecting 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…

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U.S. Life Insurers pay out record $90.43 billion in 2020

By Funeral Director Daily / December 17, 2021 /

This 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…

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Afternoon Edition: “Get to Know Them” – Bob Heidlage

By Funeral Director Daily / September 24, 2020 /

Today’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…

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Weekend Edition: SCI receives economic development aid, a difference of opinion in Winnipeg, a preneed ratings downgrade

By Funeral Director Daily / September 4, 2020 /

It is somewhat unbelievable to me how fast we have moved from Memorial Day to Labor Day, but here we are.  Among the American debate, many schools are opening, the election is soon here, and the one constant is that those in the funeral profession continue to give comfort and guidance to those in need.…

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Afternoon edition: lots of news. . . finance, cemetery, coroner race, funeral home sold, more

By Funeral Director Daily / July 31, 2020 /

As 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…

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Security National reports 3Q and 9-month 2019 financials

By Funeral Director Daily / December 13, 2019 /

Security 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…

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Assurant Posts Operating Loss of $76.3 Million for 3rd Qtr

By Funeral Director Daily / November 3, 2017 /

A 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…

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