Pre-Arrangements
Worldwide insurance conglomerate Assurant reported both its 4Q 2020 and its Full Year 2020 results last week. The company reports in three distinctive segments — Global Housing, Global Lifestyle, and Global Preneed. The total Earned Premiums of the entire company for the Full Year 2020 combined to $9.52 billion which is a better than 2%…
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Yesterday Funeral Director Daily published an article about cemeteries and in that article we made the assertion that the COVID experience of 2020 will probably have some type of long-term effect on funerals going forward. That statement was made mostly in reference to what has happened with funeral attendance due to the social distancing practices…
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It is somewhat unbelievable to me how fast we have moved from Memorial Day to Labor Day, but here we are. Among the American debate, many schools are opening, the election is soon here, and the one constant is that those in the funeral profession continue to give comfort and guidance to those in need.…
Read MoreTo our readers: Before we get into our feature article of the day I want to apologize to readers who did not receive distributed copies of Funeral Director Daily last Wednesday and Thursday. Unfortunately, we ran into issues where we simply outgrew our former distributor of Funeral Director Daily emails, Twitter, and Facebook postings. The…
Read MoreEven before Robert Waltrip bought that second location in Houston in the early 1960’s there were lots of funeral homes that changed hands. And, I’m guessing that over the years about 99% of those business transactions, especially the transferring of a funeral home to a new owner in a small community, went off without a…
Read MoreI came across this article the other day about the rise of crowdfunding to pay for funerals. Now, this is not the first time we have written about this subject, but this article is interesting because it points out some statistics and trends behind this phenomena. The article is a public relations article about the…
Read MoreI wrote a story yesterday on the timing of advertising telling consumers about the benefits of pre-planning one’s own funeral or cremation services. When I did that article I did not envision a follow-up or series of pre-need articles, but a day later here is another angle I have thought about often concerning pre-need and…
Read MoreIn the United Kingdom, sales of pre-need funeral plans has soared nearly 200% in the last dozen years. Driven by the increasing competition between the largest players in that country’s death care industry, Dignity Plc, and Co-op Funeralcare, the government has determined that it must “crack-down” on high-pressure and misleading tactics in the sale of…
Read MoreLast week we examined the 3rd quarter financial results for Service Corporation International. When we did that we noticed, and told our readers, about the success that their preneed funeral services seemed to be having. We actually told readers to compare what they are doing in their own businesses to SCI to make sure that…
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