Tribute Insurance Assignments is the newest part of our Tribute Pay platform, and it will help your funeral home process life insurance assignments quicker and more efficiently. The claim submission process is the easiest and most convenient submission process out there. Our dedicated team will stay in contact with you every step of the way, so it will feel like you have eight new staff members to handle insurance assignments for you. The status of all of your claims is also clearly evident in your administration panel.
Another benefit of Tribute Insurance Assignments is that our process helps prevent your funeral home from taking an unexpected loss. Whether it be an unknown beneficiary, a loan taken out in the policy, or in a rare case of fraud. Our team will become your team, and we work directly with the insurance company to help identify any potential red flags, as well as resolve them. This means that you can continue to focus on what’s really important for your organization: your families.
With 24-hour ACH payouts, our process ensures that your families will get paid earlier than if they filed the claims by themselves. We can also advance funding beyond the service costs, so your families can get cash in hand faster for other unexpected end-of-life expenses. Your funeral home may generally handle life insurance assignments in-house or use a third-party company. But just because you’ve been doing it that way doesn’t mean that it’s the best or most efficient.
To see how Tribute Insurance Assignments can make life easier for your funeral home, click here or give us a call at 866-372-9372.