preneed
Allianz Life recently published a survey that was taken of a representative sample of 1,000 Americans detailing how they were financially affected by the pandemic that we are showing signs of emerging from. You can access an article about the survey here. In essence, the article states that there is a “significant gap in the…
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Security National Financial Corporation (SNFC), the Utah based multi-pronged company with divisions in funeral homes and cemeteries and also with its insurance division involved in preneed insurance, had its full-year after-tax earnings drop from $55.5 million in 2020 to $39,5 million in 2021. It’s Earnings before taxes also dropped about $20 million for the three…
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Less than a month ago Funeral Director Daily published this article that questioned if the days of funeral homes and cemeteries helping each other are over. That article questioned the competitive nature of each entity that now sold products historically affiliated with the other entity as a way of “full service shopping” for death care…
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I’m a licensed health and life insurance agent. I received my license and started a Preneed Funeral insurance agency back when Minnesota first allowed funeral directors to do so in the 1990’s. It was a boon to our business as we could now write Preneed policies and receive a commission on them. Our funeral home…
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Every day funeral directors and funeral home owners work hard and diligently in taking care of the families that they are entrusted to serve. Sometimes it is a matter of just finishing with one family when the phone rings again and the funeral director/funeral home owner starts the cycle all over again. As your business…
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One of the great things about beginning a New Year is that we have a chance to speculate where those next 365 days will bring us. That speculation also gives us a little perspective on where the trends are moving that will carry our profession into the future. So here’s my take on some of…
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Busch Funeral and Crematory Services, based in Cleveland, Ohio, co-owner Mark Busch retired not long ago. According to a recent article that I read, he began work at the family firm in 1982 and retired in 2020. The family firm dates it origins back to 1905. Busch recently talked of his involvement as an owner…
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Security National Financial Corporation (SNFC) released this press release earlier in November which memorialized their operations for the 3rd Quarter of 2021 as well as the first nine-months of 2021. The Utah based company operates in three business segments with one of those segments being what they call their Memorial Segment. For the nine months…
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Batesville Casket’s parent company, Hillenbrand Industries, reported Fiscal Year 2021 and FY 4th Quarter 2021 results last week. In that report, that you can read here, they reported that the Batesville segment produced revenue of $623 million for the year. . . a 13% increase over FY2020. It should be mentioned here that FY2020 included…
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Back in about 1990 I made funeral arrangements for a 55-year old who died of a sudden heart attack. His widowed wife eventually talked to me about an idea for our funeral home which was based on the premise of what we now call “Aftercare”. At that time our funeral home did not have a…
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