Preneed
The number of deaths in the United States is expected to grow 26.3% from 2019 (the last year prior to the pandemic) until 2040 by certain estimates. Estimates for the number of deaths in the United States in 2040 is at about 3.6 million as compared to the 2019 actual total of 2.85 million.…
In a press release from earlier this week funeral home operator Anthem Partners announced that they have formed a partnership with Family Shield Credit in order to provide families with “flexible, budget-friendly payment options while helping funeral homes improve cash flow and operational efficiency”. According to the press release, “the partnership will make Family…
Earlier this month, as you can read in this article from NBC Connecticut, the legislature of Connecticut passed their state budget which included the “Act Concerning Unlawful Funeral Service Practices”. The state appropriated $1 million that is intended to pay back the victims of a funeral home that is alleged to have stolen…
Preneed insurance provider Homesteaders Life Company released their 8th annual Preneed Motivators survey last week. According to this press release from which you can download your own copy of the survey results, “. . .this year’s Preneed Motivators report highlights how timing, education and trusted guidance influence when families decide to plan ahead. The…
Service Corporation International reported on their 1st Quarter of 2026 about ten days ago and then followed that up with an Earnings Call with stock analysts that follow the company. As usual Funeral Director Daily took a look at the Earnings Call transcript which you can access here and decided to lay out some…
Preneed continues to grow. . . .but is the growth enough? That is a great question and, among other things, we will look at the percentage growth of preneed on a “revenue per preneed contract” basis in this article. Statistics on Preneed are difficult to find because of the private nature of the…
On Monday of this week Substack, under their “On Deathcare” platform released a very well researched article by author Tony Russo titled, “Why are we still pretending Homesteaders is ‘just’ a Park Lawn investor?” You can access the article here. (Editor’s Note: Sorry for the delay. This article was scheduled to be…
When you look at the First-Half of the 2026 Fiscal Year for Propel Funeral Partners you will not notice anything “earth shattering”. From my point of view, when that is the case with an owner and operator of Death Care establishments, that is probably good news. I’m one who looks for slow, stable,…
Funeral planning is an interesting topic on an individual basis. In my opinion, regardless of your age, self-mortality is a thought all human beings have at more than one point in their lives. However, the vast majority of us do nothing to prepare for the Death Care needs of it — such as…
In a press release received the other day, Homesteaders Life Company, a national leader in Preneed Death Care funding announced that 2026 marks the 120th year for the company. The company issued its first policy in February 1906 and, according to the company press release, “has since grown into the most often-use preneed company…
