Preneed

Americans would rather talk about any subject than death

By Funeral Director Daily / September 15, 2022 /

Recently I came across this article from the Insurance NewsNet based on a survey from health insurer, Ethos.  The article was based on what traditionally taboo subjects would people be willing to talk about.  Turns out that 81% of the people were willing to talk about Money, but at the bottom of the list came…

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Messenger acquires Thumbies; thoughts on the “new memorialization”

By Funeral Director Daily / September 13, 2022 /

In this news release from Messenger News you can read about the Messenger Company and its acquisition of the Thumbies Fingerprint Keepsakes business.  The release states that “the new addition to the Messenger family of companies will allow the Messenger team of sales representatives to offer the complete line of Thumbies jewelry in their portfolio…

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Low-cost preneed plans proving to be a disrupter

By Funeral Director Daily / August 26, 2022 /

This recent article was published by Financial Content in Australia about the low-cost preneed market and made the comment, “This rise and popularity of ‘low cost’ prepaid funerals have taken the death care industry by surprise. With household budgets increasingly coming under strain from rising inflation, cost considerations are likely to come even more to…

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Will Aflac change preneed?

By Funeral Director Daily / August 17, 2022 /

Earlier in August, partly through this press release, Aflac announced that they will be entering the “Final Expense” insurance market and made a point of detailing a strategy aiming consumer directed products at the Senior insurance market.  Not only will Aflac offer a Final Expense product but they will also be rolling out a Medicare…

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Is Great Britain the proverbial “canary in the coal mine” for future U.S. death care purchases?

By Funeral Director Daily / August 10, 2022 /

This recent public relations press release indicating that a shift in attitudes of people in Great Britain about how people want to “Say Goodbye” to their loved ones makes one wonder if that shift will find its way across the Atlantic Ocean to the United States. One report found that “sales of direct cremation plans…

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NGL divests Settlers Life, positions for stronger Preneed business

By Funeral Director Daily / August 2, 2022 /

This article from the Insurance News Net informs readers that preneed insurance company National Guardian Life (NGL), based in Madison, Wisconsin, has sold its interest in Settlers Life Insurance Company to Everly Holdings, LLC.   The sale consists of approximately 225,000 policies that are geographically disbursed throughout the United States. Those policies included in the agreement…

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Premier Preneed adds training videos

By Funeral Director Daily / July 6, 2022 /

According to a press release from the company, Premier Preneed Marketing, a preneed marketing company that offers funeral homes throughout the United States a comprehensive product portfolio to meet both their financial objectives and marketing needs, has announced that the company has recently developed a series of training videos on the topic of preneed.  These…

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A Preneed “check-up”. . make sure you “Do it Right”

By Funeral Director Daily / June 24, 2022 /

Your funeral home has lots of options when it comes to the issue of Preneed.  For instance, in most states you have the choice of funding via Trust or Master Trust bank accounts or funding with life insurance vehicles. You also have the decision as to if you are going to guarantee the sale of…

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Will the pandemic reshape how Americans deal with death?

By Funeral Director Daily / June 2, 2022 /

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…

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British government urged to set up fund for failed preneed providers

By Funeral Director Daily / May 24, 2022 /

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…

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