funeral planning
In the last couple of months or so I’ve heard from funeral home owners, or heard on a webinar, that the loss of revenue on a per case basis has been anywhere from about 9% to almost 40% in North America. Even the public companies, such as Service Corporation International and Carriage Services, acknowledged in…
Read MoreI noticed yesterday when I drove past the local fairgrounds that everything was getting set up for our county fair. I then realized, wow, it is the middle of August and fair time already. For many of us in the upper midwest fair time signifies harvest and the start of another school year just around…
Read MoreA press release from A.M. Best that you can read here has revised the outlook to negative from stable for Funeral Directors Life Insurance Company of Abilene, Texas. The rating change also states that the negative outlook reflects the company’s “ERM” or enterprise risk management. The release also maintains that the company’s metrics “reflect the…
Read MoreSo, one of the great things of growing older and living for six decades is that you gain perspective. I started to think of that over the weekend when I both celebrated an anniversary and learned of the news of Sen. John McCain’s death and the funeral arrangements for singer Aretha Franklin. Angie and I…
Read MorePre-Need insurance means different things for different funeral homes. Some funeral homes use pre-need to build market share, some use pre-need as a cash-flow tool, and some use pre-need as a means of providing revenue and net income to the bottom line. Probably more often than not, funeral homes use pre-need for a combination of…
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