Physicians Mutual Introduces New Custom Preneed Product Series

Funeral Industry News Funeral Industry Press Releases June 27, 2017
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Physicians Mutual Introduces New Custom Preneed Product Series

OMAHA – June 26, 2017 – As innovators in the preneed market, Physicians Mutual is proud to introduce the newest generation of reliable preneed funding options – the Custom Product Series. These new products are designed with funeral home owners in mind, offering more of what they’ve requested, while also positioning owners to better meet the demands of their families.

The Custom Product Series includes two new life insurance products, plus an annuity, and has something to offer every funeral home in every market:

  • Graded and full death benefits
  • Expanded issue ages
  • A more customer-friendly early payoff program.

The new products still include the optional Inflation Guard, the first-ever way to help protect funeral homes against shortfalls. Physicians Mutual also still offers an indexed-growth product which allows funeral home owners to enjoy the potential for more growth while protecting funds from market losses.

“We’re excited about the Custom Product Series and the opportunities it can provide to funeral homes to better serve their families and enjoy long-term growth and stability. Our new collaboration with Precoa will allow us to bring these new products to even more funeral homes. And as always, we remain committed to transparency, reliability and excellent customer service. This is an exciting time for us and our funeral home partners,” said Phil Kreski, vice president of preneed at Physicians Mutual.

For more information on the Custom Product Series, how an indexed product can increase the potential for growth or to learn about Inflation Guard, please contact Phil at phil.kreski@physiciansmutual.com.

About Physicians Mutual

Physicians Mutual Insurance Company and Physicians Life Insurance Company are members of the Physicians Mutual family. Physicians Mutual Insurance Company offers reliable Medicare Supplement, dental and supplemental health insurance. Physicians Life Insurance Company provides important life insurance coverage and annuities. They entered the funeral pre-planning market to help meet the growing needs of funeral home owners and the families they serve. The companies have more than $3.6 billion in assets and consistently maintain some of the highest financial strength ratings in the nation from independent insurance analysts, including A.M. Best Company and Weiss Ratings.* Founded in 1902, Physicians Mutual is headquartered in Omaha, Neb. To learn more about the company, please visit www.PhysiciansMutual.com.