prepaid funerals

Security National has bang-up quarter, Memorial segment grows

By Funeral Director Daily / August 21, 2020 /

Security National Financial Corporation (SNFC) is a diverse, but integrated company.  They are diverse in that they have three distinct segments – Mortgages, Life Insurance, and Cemeteries/Mortuaries – under their umbrella.  They are an integrated company in that all segments report together to bring a bottom line to the company. And, the integration was good…

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Assurant Global Preneed division reports slight revenue increase, less operating income

By Funeral Director Daily / August 7, 2020 /

Assurant defines itself as “a leading global provider of lifestyle and housing solutions that support, protect and connect major consumer purchases”.  The company released its 2nd Quarter 2020 results on Tuesday, August 4, and in doing so reported a Net Income of $173.5 million, which is up 24 percent from the same period in 2019. …

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Afternoon edition: lots of news. . . finance, cemetery, coroner race, funeral home sold, more

By Funeral Director Daily / July 31, 2020 /

As we head not only into the weekend but into the month of August, we found lots of interesting stories for our readers.  And, they are from all over the world. . .from preneed insurance in New Zealand, to public company finances in Great Britain, and back to the good old U.S.A. with stories ranging…

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Homesteaders to offer webinar

By Funeral Director Daily / July 8, 2020 /

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…

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The savings rate and what it can do for preneed and cemetery sales

By Funeral Director Daily / June 1, 2020 /

It’s not even noon on Sunday yet and I’ve had a pretty good day already.  Minnesota has allowed churches to open at 25% of capacity so my wife and I attended church today, albeit wearing masks and sitting far from anybody else, for the first time since mid-March.  Also, singing was banned for just instrumental…

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Security National reports 3Q and 9-month 2019 financials

By Funeral Director Daily / December 13, 2019 /

Security National Financial Corporation of Utah, a public company that has operations in both the mortuary and insurance businesses reported financial numbers for their 3rd Quarter of 2019 recently.  You can read their press release on that information here. 3rd Quarter Life Insurance revenues are up slightly to $29.8 million in 2019 from $28.9 million…

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Illinois funeral director sentenced for preneed irregularities

By Funeral Director Daily / December 6, 2019 /

We received a couple of articles out of Springfield, Illinois, today concerning a southern Illinois funeral director who has been sentenced to prison for his role in failing to deposit payments for preneed funeral services. You can read about the case in these articles from WGN Web and from KFVS 12.  According to the articles,…

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Preneed: Do you know your competitors?

By Funeral Director Daily / November 18, 2019 /

I’ve been involved in the funeral business long enough to see the State of Minnesota move, in what I consider a more consumer friendly way, in respect to the business of preneed.  I can go back to the 1980’s when we were only allowed to put a consumer’s designated funeral funds into a bank guaranteed…

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Assurant reports 3rd Quarter 2019

By Funeral Director Daily / November 8, 2019 /

Assurant is a leading global provider of housing and lifestyle solutions that support, protect and connect major consumer purchases.  In relation to the death care industry they are a provider of pre-need or what they call “pre-funded funeral insurance”.  Assurant is a Fortune 500 company with a presence in 21 countries. They recently reported their…

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United Kingdom insurer, DeadHappy, plans move to death care ideas

By Funeral Director Daily / September 30, 2019 /

DeadHappy, the United Kingdoms technical insurance startup that recently received about US $ 5 million in Series A funding, announced in this  article from Techcrunch, that they hope to get more involved in the wishes of their insured, including making sure that your funeral is the way you want it. The company was founded in…

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