Preneed
Preneed continues to grow. . . .but is the growth enough? That is a great question and, among other things, we will look at the percentage growth of preneed on a “revenue per preneed contract” basis in this article. Statistics on Preneed are difficult to find because of the private nature of the…
On Monday of this week Substack, under their “On Deathcare” platform released a very well researched article by author Tony Russo titled, “Why are we still pretending Homesteaders is ‘just’ a Park Lawn investor?” You can access the article here. (Editor’s Note: Sorry for the delay. This article was scheduled to be…
When you look at the First-Half of the 2026 Fiscal Year for Propel Funeral Partners you will not notice anything “earth shattering”. From my point of view, when that is the case with an owner and operator of Death Care establishments, that is probably good news. I’m one who looks for slow, stable,…
Funeral planning is an interesting topic on an individual basis. In my opinion, regardless of your age, self-mortality is a thought all human beings have at more than one point in their lives. However, the vast majority of us do nothing to prepare for the Death Care needs of it — such as…
In a press release received the other day, Homesteaders Life Company, a national leader in Preneed Death Care funding announced that 2026 marks the 120th year for the company. The company issued its first policy in February 1906 and, according to the company press release, “has since grown into the most often-use preneed company…
Today is January 20. It is the day that President Trump wanted to institute one of his ideas for making life more “affordable”. That idea is a 10% cap on interest rates on credit card balances for one year. A recent Debt.com survey about funeral expenses and death, which you can access an…
“Strike when the iron is hot“. That’s a 15th-century saying that came from the blacksmith trade and meant to suggest that the blacksmith should “bend the metal when it is hot and somewhat flexible”. Six centuries later in a world with fewer blacksmiths I would suggest that the saying now means “act now to…
I came across this recent article from USA Today titled “Americans are going into debt over death. Here are affordability tips.” Reading that article led me to a survey and results from Debt.com and another article, that you can access here, titled “The Financial Toll of Grief: More than 1 in 3 Americans took…
Morgan Stanley, a global financial services firm that provides a wide range of products and services, including investment banking, wealth management, consumer banking, and brokerage services, recently made this comment in an article, “Life insurance companies have rapidly evolved into influential players in the credit markets. Their growing footprint is not merely a function…
An April cyberattack which you can read about here probably cost the parent company of Great Britain’s largest funeral home operator, Co-op Funeralcare, about a US$ 107 million profit swing but didn’t seem to affect the number of funeral plans sold by the company as they increased over 17% from the previous year. …
