OMAHA, Neb. – Physicians Mutual now offers the best of both worlds with its new InTrust Preneed product suite, combining the higher return potential of a trust with the reliability and safety of insurance. The company launched the newest preneed product innovation last week at NFDA in Nashville.
The current low interest rate environment can mean low growth rates on traditional preneed insurance. Some funeral home owners are turning to trusts to fund preplanned services, but trusts don’t pay commissions or fund a marketing program. Physicians Mutual’s InTrust Preneed makes it possible to get the higher return potential of a trust while still growing your preneed program with robust marketing and commissions. This unique program is only available from Physicians Mutual.
The InTrust Preneed product suite offers three components to maximize the sustainable growth of your preneed program:
- Single-pay trust with three investment options to suit any funeral home’s needs
- Single-pay insurance with an additional growth rider
- Multi-pay insurance with new family-friendly payment options and growth rates that can exceed 3%
“We’re very excited to offer trust and insurance funding options in one simple program,” said Brice Ballard, vice president at Physicians Mutual. “Interest rates have taken a toll on what preneed carriers can credit for growth, so we had to come up with a better solution. The InTrust Preneed product suite can be a great fit for any funeral home looking for a program that benefits both the firm and the families it serves.”
To learn more about the Physicians Mutual InTrust Preneed product suite, call 1-800-974-1802 or visit www.PhysiciansMutual.com/preneed.
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. The company additionally offers funeral pre-planning to help meet the growing needs of funeral home owners and the families they serve. The companies have more than $4 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, Nebraska. To learn more about the company, please visit PhysiciansMutual.com.
