The assets of a preneed funeral life insurance company must be invested in order to grow and protect policies from inflation over time. To achieve this goal, Funeral Directors Life takes a conservative, ” old school ” investment approach that allows us to make prudent financial decisions that will benefit the company and our clients. Funeral Directors Life has adopted an Asset-Liability Matching Strategy that matches the liabilities of the company (claims) with the cash flow of investments (bond interest payments and maturities).
A healthy insurance company must be able to earn a steady and consistent profit and retain those profits in Capital & Surplus to support the future growth of the company and to protect the current stakeholders from any unexpected downturns. Funeral Directors Life has shown consistent profitability trends over the years and has earned a reputation of being a good steward of the money entrusted to the Company.
The financial stability of an insurance company is obviously of utmost importance to all policyholders and beneficiaries as well as to shareholders, employees, and clients of the Company. Funeral Directors Life strives to achieve a balance that creates a win-win situation for everyone involved. Because our company was originally founded by funeral directors, our Board of Directors is focused on making decisions that benefit families, funeral homes, sales professionals and employees, all while maintaining the long term health of the company itself.
Ratings and Recognition
A.M. Best Company
Since 2006, AM Best Company, a full-service global credit rating agency for the insurance industry, has rated Funeral Directors Life with an A- (Excellent) rating, indicating an excellent ability to meet obligations to policyholders.
Funeral Directors LIfe is proud to be a member of Selected Independent Funeral Homes' Preferred Partner Program at the Preneed Level. Both Funeral Directors Life and Selected are focused on helping independent funeral homes succeed in a rapidly changing marketplace.
View Our Annual Report
Access Funeral Directors Life’s latest annual report for an in-depth look at the company’s financial position.