Preneed

Preneed

Pure Cremation unveils new advertising spots

Only about a week ago Funeral Director Daily brought to our readers some new promotional spots by direct cremation start-up Solace.  We told you that we liked them and then linked them for you to view.  You can see that article here. We also told you in that article that we have been big fans of the apparent business plan and execution of such for the United Kingdom’s Pure Cremation.  We added links to their thoughtful ads promoting direct cremation […]

Cremation Preneed

Canada’s Eirene teams with Assurant for online pre-pay option. . more news to know

Toronto based cremation provider Eirene announced last week in this announcement that they would be teaming up with Assurant Life of Canada (ALOC), an affiliate of Assurant Inc., to allow for Canadians to be able to pre-pay for cremations online as part of their estate planning.  Eirene bills itself, on their website as, “High quality, affordable cremation services”. Eirene CEO Mallory Greene had this to say according to the press release, “Our partnership with ALOC delivers a solution designed to […]

Finance Preneed

Assurant Preneed acquired by CUNA

CUNA Mutual Group announced last week in this press release that it intends to acquire the preneed funeral business of global conglomerate Assurant.  We told you late last year, in this article, that Assurant was expected to move on from the preneed business as it concentrated on other business elements. The reported purchase price by CUNA Mutual Group is $1.3 billion. According to the linked press release, “CUNA Mutual Group, a broad financial services provider, announced it has entered into […]

Cremation Preneed

Preneed is the answer

This article picks up on yesterday’s discussion of what could happen as more crematories are built expanding the supply of crematories in the United States.  Yesterday’s discussion then went to the thought process and question of, “Will this excess capacity in cremation move cremation to a lower and lower retail cost as death care companies vie for the limited number of clients?” Shortly after I wrote that article I came to the conclusion that, even if that does happen, the […]

Business Preneed

WilbertEDU a success. . . more CEU sessions offered

Three months ago in December 2020 Funeral Director Daily told you of a program Wilbert would be offering to death care professionals that would help those professionals keep up with their Continuing Education Units (CEU) at the end of the year.  We concluded that it was a great venture by Wilbert that would be really appreciated by those, including myself, who were slowed by the lack of in-person CEU classes during COVID 2020. Wilbert recently issued a press release that […]

Business Preneed

Do we listen to the consumer

Funeral home owners, cemetery operators, preneed professionals.  We’re the experts in the death care profession.  We know the business, we understand the clientele, and we know what is good for everybody.  Or do we? I’m guessing that is somewhat how the buggy whip manufacturers, horse livery operators, and sales reps in that industry thought of themselves while Henry Ford and others were going about changing the way American moved by figuring out a way to build an automobile at a […]

Finance Preneed

Assurant reports. . . . Preneed seems to be “up in the air”

Worldwide insurance conglomerate Assurant reported both its 4Q 2020 and its Full Year 2020 results last week.  The company reports in three distinctive segments — Global Housing, Global Lifestyle, and Global Preneed. The total Earned Premiums of the entire company for the Full Year 2020 combined to $9.52 billion which is a better than 2% increase over the combined Earned Premiums of about $9.33 billion in FY 2019.  The company press release, which you can read here, had this to […]

Finance Preneed

National Guardian Life to acquire Everplans

According to this article National Guardian Life (NGL), a mainstay in the funeral preneed insurance market, has announced that it has acquired the company Everplans.  Everplans is described in the article as a digital life planning company that “helps consumers store, organize and share important documents online, and helps users get started with estate planning.” Again, according to the article, Madison, Wisconsin, based National Guardian Life branched out a few years ago by adding Long-Term Care insurance to its portfolio […]

Preneed Regulations

AOC says “Consumer funeral funding in current COVID relief package”

New York United States Congresswoman Alexandria Ocasio-Cortez announced last week that it is her belief that consumer funeral cost relief is part of the $900 billion COVID-19 relief bill passed by both houses of congress and signed into law by President Trump in December. Here’s what Congresswoman Ocasio-Cortez says in this article from Business Insider,  “After our BX+Queens district became the most COVID-hit in the country, I spent much of the last year working on an issue that was devastating […]

Cremation Preneed

It’s International Day. . . news from across the Pond

Funeral Director Daily has a few readers in the English speaking parts of the world outside of North America.  We have followers in Great Britain, Australia, and New Zealand.  However, it is not too often that we get news from those regions.  Today, we are bringing you three articles from various parts of the world. When we do get news from those locales, however, it is interesting to note how common the issues are between the differing countries and the […]