Search Results: preneed
Earlier in May the Attorney General of the State of California issued a press release which you can read here announcing an agreement with Service Corporation International (SCI) over an eight-year dispute on how SCI delivered on their preneed funding. In essence, concerning preneed sold through SCI’s Neptune and Trident locations in…
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The people behind Titan Casket are not afraid of doing things outside the ordinary as compared to how the funeral industry has done things for the past 125 years. I’m guessing that in 1906 when John Hillenbrand purchased the Batesville Coffin Company and changed the name to Batesville Casket Company his customers were the…
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There is an old saying that goes, “You can lead a horse to water, but you cannot make him drink”. I think that the meaning of that phrase, in human terms is something like this, “You can tell a person the situation, but you cannot make them act on it”. In my…
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According to a recent e-mail that I received, the Homesteaders “Preneed Motivators Report” is available to be downloaded free of charge. This report is the 7th edition of data gathered from Homesteaders policyholders and will give you key information on what motivates consumers to purchase preneed funeral and cremation policies. According to…
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If you operate or work at a funeral home you know that there is a lot of change going on. . . . .Let’s see, there is less church membership leading to less church services. And, less church services seems to be leading to less traditional services going so far as to move to an…
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It was only a couple of short months ago that Michigan Governor Gretchen Whitmer signed a new bill into law which allowed for less regulation in the preneed insurance business in that state. Proponents had argued that unless there was more freedom in how preneed companies controlled their growth rates more and more companies would…
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Trust is hard to earn. . . .and many times, harder to keep. Any business that promises a service at a later date in return for a payment now comes under scrutiny by almost everyone. However, most businesses that are conducted that way have a horde of government regulations that keep consumers safe.…
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Americans are taking a loan, early withdrawal, or hardship withdrawal from their retirement plans at record rates according to this article from Yahoo Finance. And, one of the top reasons why, according to the survey, is to pay for a funeral. According to the survey released by by the non-profit Transamerica…
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When a company commits marketing dollars to a specific purpose they want to make sure that those dollars move the needle as far as they can. So, a topic I’m interested in is at what age should a funeral home start putting preneed marketing in front of a potential client? I’m certain…
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It was less than three weeks ago, on May 4, when listeners of Carriage Services earnings call got an idea that something was going to be decided in the way that the company handled their preneed business. In that call, of which you can read the transcript here, Vice-Chairman, President and Chief Operating…
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