Preneed
I’ve mentioned before that things change in Death Care. . . . but they seem to change rather slowly and methodical. We’ve seen a slow 40 year march to cremation being the most popular method of human disposition. And we’ve seen a movement over the last century from home funerals, to funeral homes, to church…
In the shadows of the failure of preneed funding vehicle Safe Hands Plans, the British government is being urged to set up a fund for those that have lost funds through the collapse of Safe Hands Plans. As you may know, the British preneed industry is to come under the purveyance of the country’s Financial…
According to this article from This is Money (Great Britain) the Safe Hands Plans funeral preneed fund “went under six weeks ago”. Taking information from an article in the Financial Mail on Sunday, it suggests that over 47,000 plan holders are left with the potential of zero balances in their trust funds that were supposed…
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…
It would be safe to say that in Great Britain there has been a lot of discussion about the costs of death care among consumers and government alike. While it has been going on for some time and there is no doubt that the Covid-19 pandemic and the rise of Direct Cremation with No Services…
I enjoy learning and then finding solutions to problems. It’s something I’ve done since I was a child — find out the facts of the situation and then solve the problem. To that end, I continue to read four business newsletters per day. . . I simply enjoy what I learn from them and then…
American Enterprise Group (AEG), parent company of preneed insurer Great Western Insurance Company (GWIC) and innovative financial lender Live Oak Bank have announced a partnership that will make it possible for funeral home and cemetery business owners to access up to $20 million in capital. A recent press release on the strategic partnership announced that…
I recently read an article from Yahoo Finance written by Andy Serwer that asks the interesting question, “(Is) inflation the business opportunity of a lifetime?” You can read that article here. Serwer explains that after almost fifty years of very low static inflation that we may be in for a much higher rate for the…
