Hi, I’m Audrey Cassidy and I am the operations manager of Frazer Consultants‘ Tribute Insurance Assignment product. Before funeral homes were using us in our Tribute Assignment product, they could have been doing one of three things. They were either using a different funding company, they were processing these assignments in-house, or they weren’t accepting insurance assignments at all.
For funeral homes that were using other funding companies, their biggest complaint was lack of communication. They weren’t being updated on the status of claims, what was going on with the claims, or what documents were required to get the claims processed. Through Tribute Insurance Assignments, and our platform that we have incorporated into the admin panel of our funeral homes’ websites, they are able to stay up–to–date through the whole life of the claim. They know when we’re processing the claim, they know when we‘ve funded the claim, and what documents are required. And then once we’ve been paid by the insurance company, that’s indicated on their dashboard as well.
For funeral homes that are currently processing life insurance assignments in-house, we are a breath of fresh air. We are enabling them to free up tons of time that is currently being devoted to these life insurance assignments by taking on that workload for them. This allows their funeral home staff to get back to doing what they do best — taking care of families.
For funeral homes that aren’t currently accepting life insurance assignments the bottom line is there are people who don’t have the funds available to cover funeral expenses and a life insurance assignment is their only means of payment. If your firm isn’t accepting this assignment, someone down the street will. That family’s going to go across town. They’re going to use the funeral home who will accept their life insurance assignment.
With the ease of Tribute Insurance Assignments and the convenience of it, it’s really a no-brainer to utilize this product that Frazer Consultants is offering. To learn more give us a call at 1-844-993-3440 or click the link to download our start-up guide.