Funeral Insurance
It’s the end of summer in Minnesota and lots of our friends get ready to embark on the journey to warmer climates soon. So, it is a good time to say good-bye to our summer Minnesotans and wish them well until we see them again next Spring. Angie and I did that last…
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If you have been anywhere near a television, radio, smart phone, newspaper, or other news media you know that President Trump’s signature piece of legislation, the “Big, Beautiful Bill” was passed and signed into law over the extended 4th of July weekend. I’ve always liked to stay up-to-date on current events and learn…
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The other day I came across this article from Today’s Will & Probate publication of Great Britain. The title of the article is “Regulation profoundly changing the dynamics of the funeral plan market“. I think it portends continuing interest and expansion in funeral home preneed sales. I also believe that some of…
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Prelude’s website makes this statement “We created the world’s best in-person selling software that anyone in your funeral home can use to close in just one meeting”. One year ago on March 8, 2024, Funeral Director Daily published our first article on the company. That article, that you can read here, was titled,…
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The last time we mentioned the upstart preneed company Prelude in Funeral Director Daily was this article back in March 2024 when we first heard of them. We mentioned that we didn’t know much about them but from their LinkedIn references and website it appeared that they were in the business of helping individual…
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It was announced in this press release from last week that C&J Financial would be expanding by “becom(ing) the exclusive insurance assignments partner for Tribute Technology, taking over operations previously managed by the Tribute Insurance Assignments division”. Jamie Meredith, Executive Vice President of C&J Financial, made this prepared comment in the press release,…
Read MoreWhen you think of End-of-Life “Purpose” insurance there are two basic types. First, there is Pre-Need which is generally sold by funeral or cremation providers with the death benefit proceeds going directly to those providers to pay for services that have been pre-planned by the purchasers or their caretakers. Then there is…
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It was less than three weeks ago, on May 4, when listeners of Carriage Services earnings call got an idea that something was going to be decided in the way that the company handled their preneed business. In that call, of which you can read the transcript here, Vice-Chairman, President and Chief Operating…
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We learned late last week in this press release that Funeral Directors Life Insurance Company (FDLIC) of Abilene, Texas, acquired the American Life and Annuity Company (ALAC) of Hot Springs, Arkansas. According to the press release “effective immediately, FDLIC will work to support existing ALAC policyholders and Arkansas funeral homes”. Again, according to the press…
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