Tuesday, February 14, 2017
Feel like a bank or funeral home?
Bank
or Funeral Home?
Being
the bank for your families is a profit killer.
Although nice, this practice gums up your cashflow and increases
administrative costs. Funeral Homes who run larger accounts receivable experience
the following:
1.
Receivables
are a distraction, chasing families or insurance companies for funds is a time
killer and most often frustrating.
2.
Unpaid
claims or invoices is like having your money held hostage, then injured.
3.
Bankers
make money by charging interest on loans, funeral directors do not have the
luxury and every day money is tied up is a heavy cost.
Taking
control of your life insurance assignments is fundamental to increasing revenue
and profit. Just think, if you could
magically turn your receivables into cash, forever? This is possible.
Cristina Terc formed Trinity funeral funding to help
families pay for funeral services for their loved ones without the worry of
paying out of pocket for the costs. We
support our funeral homes clients by advancing money for families in return for
an assignment of the life insurance benefit proceeds.
Working with Trinity is a better way to handle
Insurance Assignments to eliminate your accounts receivable and make accepting
assignments profitable. Why should
taking insurance assignments cost a funeral home money? Why wait so long to get paid from insurance
companies? Let Trinity handle your
insurance cases and get you paid within
24 hours of verification. Here are a few of the benefits of working with
Trinity Funeral Funding:
1.
Increasing revenue – families spend 25-30% more when using
insurance proceeds
2.
Using a funding company to verify & fund life insurance
guarantees your upfront payment – your
invoice is paid prior to services
3.
Life Insurance is a “family retention” program easing the stress
for your families while dramatically improving your cashflow
4.
Life insurance assignments when managed correctly increase
revenue, profit, cash-flow and improve customer satisfaction.
Having
a good insurance assignment funding company on your team is essential to
maximizing insurance and increasing revenue and profit. Funding companies are generally very
knowledgeable; they verify and fund thousands of policies and many fund your
funeral home the same day. For more
information visit http://www.trinityfuneralfunding.com/ or call Cristina
Terc at 201-750-1117.
Subscribe to:
Comments (Atom)