Preneed
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…
Australia’s largest provider of death care services, InvoCare, issued a statement on their 2021 Year End results last week. In that statement they announced that they had returned to profitability with an after-tax profit of AUS $ 80.2 million (US$ 57.2 million) after going through the drastic Australian lock-down year of 2020 with a loss…
I’m a big believer in playing by the rules and also a believer that rules and regulations are necessary in order to live in an organized society. I’m also one of those Americans who believes in the process of “Self-Reliance” and “Self-Determination” and sometimes think that “Regulations” can hinder one’s ability to be the “Best…
I’m a licensed health and life insurance agent. I received my license and started a Preneed Funeral insurance agency back when Minnesota first allowed funeral directors to do so in the 1990’s. It was a boon to our business as we could now write Preneed policies and receive a commission on them. Our funeral home…
I’ve been out of active funeral directing for the past eight years. And, I won’t apologize for it, but I’m a traditionalist when it comes to funeral service. That means I still believe in the value of the public acknowledgement of death, the tradition of a service or celebration of life, and the idea of…
I came across this article entitled “Lending USA introduces FastScreen, a New Tool for Pre-Loan Qualification for Funeral Home Merchants” and it reminded me of the struggles I had over the years about implementation of tougher credit policies on client families. The age old “push-pull” credit decision is that you don’t want to make it…
Every day funeral directors and funeral home owners work hard and diligently in taking care of the families that they are entrusted to serve. Sometimes it is a matter of just finishing with one family when the phone rings again and the funeral director/funeral home owner starts the cycle all over again. As your business…
What happens to our online accounts, photos, documents and more when we die? According to this press release, “Our digital lives – and deaths – are increasingly complex. Recent surveys show that some 65% of U.S. adults do not remember their passwords and another shows that 95% have no idea what happens to their digital…
