Preneed
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…
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…
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…
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…
We have learned that Homesteaders Life Company is offering a free webinar on Friday, July 10, to take place at 11 am Eastern Time, 10 am Central Time. The webinar is entitled “Bouncing Back after COVID-19 — Strategies to heal and thrive in life and business“. You can learn more about the webinar and register…
For almost 40 years our funeral home has had advertising for preneed clientele based on the premise, “Like an umbrella in a sudden shower, some things are good to have before they are needed”. In different ways on radio, print, and online we go on to explain that preneed funeral insurance is one of those…
Citizens Inc., the Austin, Texas, based public company that delves in the preneed funeral insurance market among other products announced a slight earnings per share improvement for the entire company with their 1st Quarter 2020 results over their results for Q1 2019. The company has a Life Insurance segment that primarily issues ordinary whole life…
Last week we brought you an initial report on Service Corporation International’s report of their 1st Quarter 2020 results. We also promised that we would go “inside the numbers” to see what other financial information we could find that may be of benefit to all of you who own or manage funeral homes. Today, we…
I’ve seen no data to prove this but anecdotally several people have told me, or I have read, that funeral pre-arrangement sales have drifted downward during the past month or so of sheltering at home due to the coronavirus. That would only makes sense because many of the clients who pre-arrange are not only seeking…
