Preneed

Can you find some extra cash-flow in Preneed

By Funeral Director Daily / September 3, 2020 /

In the last couple of months or so I’ve heard from funeral home owners, or heard on a webinar, that the loss of revenue on a per case basis has been anywhere from about 9% to almost 40% in North America.  Even the public companies, such as Service Corporation International and Carriage Services, acknowledged in…

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Transamerica adds funeral planning benefit

By Funeral Director Daily / August 24, 2020 /

In a press release that we received last week from Insurance News Net we learned that Transamerica Insurance has partnered with Everest Funeral Package, LLC to provide “a new funeral concierge benefit at no direct cost for qualifying life insurance policyholders.”  The press release goes on to say that this “Concierge Planning Rider” will provide…

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Afternoon edition: Forbes offers Preneed advice to consumers

By Funeral Director Daily / August 17, 2020 /

In this day and age it seems that when you are reading a newspaper or watching television for the news, it is not only enough to read or watch, but you may find it necessary to know the political persuasion of the entity presenting the news to get an accurate read on it.  You have…

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Afternoon edition: FDLIC brightens up, SCI buys adjoining cemetery property, and more

By Funeral Director Daily / August 11, 2020 /

In today’s afternoon edition of Funeral Director Daily we have a couple of national firms in the news for differing reasons.  First of all, we will tell you of Funeral Directors Life (FDLIC) and their investment in saving some of the world’s energy.  They recently added a parking lot that will be covered by about…

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Assurant Global Preneed division reports slight revenue increase, less operating income

By Funeral Director Daily / August 7, 2020 /

Assurant defines itself as “a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases”.  The company released its 2nd Quarter 2020 results on Tuesday, August 4, and in doing so reported a Net Income of $173.5 million, which is up 24 percent from the same period in 2019. …

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Better late than never

By Funeral Director Daily / July 28, 2020 /

In the news last week was a story of deceased New York state firefighter Anthony Fatale and the delayed legacy of his life.  Fatale had died two years ago in 2018 at the age of 70. Fatale was single, an Air Force veteran,  and a member of the Nyack Fire Department, who many colleagues say…

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Financial Literacy . . . . the need to teach it.

By Funeral Director Daily / July 24, 2020 /

When it comes to “Financial Literacy” I consider myself one of the lucky ones who had a father who insisted that his children learn about how to manage whatever income it was that you made.  My dad was a business man, and in our house growing up, not only were we expected to learn the…

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A new world of death care start ups

By Funeral Director Daily / July 21, 2020 /

Earlier in July Funeral Director Daily featured an article entitled, “Does death care have a consumer influencer?”  The article pertained to our profession and wondered out loud if death care had someone that was able to “influence” consumers as to their choice of death care.  That “influencer group” is in a lot of other industries…

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Assurant announces dividend, more news

By Funeral Director Daily / July 10, 2020 /

World-wide financial services company Assurant announced yesterday a quarterly dividend in the amount of $0.63 which is the same amount that had previously been in place for preceding quarters.  You can read of their announcement here. Assurant is one of the eight stocks that make up the Death Care Index (DCI).  They pertain to the…

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News you can use for the weekend

By Funeral Director Daily / July 10, 2020 /

As we head into another great summer weekend, here is some industry news that you can use. Funeral Directors Life Named “Great Place to Work” Funeral Directors Life was recently named as one of the 2020 Best Workplaces in Texas by Great Place to Work and Fortune.  Funeral Directors Life was honored with the 26th…

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