Preneed
This article that appeared in Newser indicates that American life insurance companies paid out death benefits totaling about $90.43 billion dollars in 2020 – the first year of America’s battle with Covid-19. It also indicates that was a 15.4% increase over death benefits paid out in 2019, prior to the Covid-19 pandemic situation. The article…
Just yesterday Funeral Director Daily brought you an article that showed, through the reports of public companies, that consumer based funeral homes and cemeteries seem to be doing really well financially over the past two years of the Covid-19 pandemic. For the most part, and their are exceptions, the 12-15% increase in American deaths has…
This is the week that Congress should act on the Biden Administration’s key piece of legislation, the $3.5 trillion “Human Infrastructure” bill. Regardless of what happens or how you feel about that bill, I thought it would be interesting to look back on how death care has fared from the other two large social bills…
Every once in a while I will come across a survey on some aspect of the death care world that doesn’t quite jive with what I’ve been led to believe. Normally when that happens I’ll find out the survey was constructed and completed by some one from outside the traditional death care world. When that…
In a follow-up to what Funeral Director Daily reported in March, this press release will inform you that Madison, Wisconsin, based CUNA Mutual Group has closed on its acquisition of Assurant Global Preneed. The press release states that the purchase price was approximately $1.35 billion. Assurant CEO Alan Colberg said this in the release, “This…
Earlier this week the largest funeral home and cemetery operator in North America, Service Corporation International (SCI), revealed their results for the 2nd Quarter of 2021. It was a much anticipated report as it would mark a comparison with the 2nd Quarter of 2020 when the Covid-19 pandemic was flourishing and funeral homes and cemeteries…
I can remember back to a time when I thought sending out direct mailing pieces for preneed funeral planning was too forward and bordered on being in bad taste. At that time we were always worried about offending someone who had an illness in the family or who recently had a death in the family. …
I’ve operated and managed a thriving funeral home. If you’ve been there and done it. . . you know it is 24/7/365. . . .not many days go by when you don’t worry about something. And, I’ve dealt with grieving family members, regulators, and the consumer movement too. When you operate a community funeral home,…
