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.