Reason: Funeral home directors had invested the preneed proceeds in low-yielding certificates of deposit that failed to keep pace with inflation.
FORBES: Buried Trouble
2.
Meanwhile the preneed funerals have started to chew into the bottom line.
FORBES: Buried Trouble
3.
The funeral home owner takes a bit of a haircut when the preneed contract comes due, but he has more than enough full-price customers to cover the overhead.