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PRE-NEED AND FINAL EXPENSE CARRIERS PREPARE FOR AGING POPULATION AT LIC PRE-NEED/FINAL EXPENSE FORUM

Atlanta, September 21, 2004 – As baby boomers age, funding funeral preparations become an increasing hot topic for individuals, service providers, and insurance carriers. To help insurers prepare for the changes facing their business, including increased regulations, new marketing needs, and new product types, the Life Insurers Council (LIC) will once again present its Pre-Need/Final Expense Forum, which typically attracts ninety percent of the players in this industry segment.  The event will be held November 3-4, 2004 at the Hilton Atlanta Airport .

“The pre-need and final expense segments of the insurance industry are two of the fastest growing segments in the insurance industry,” said Matthew F. McGuire, CLU, FLMI, senior vice president of American Memorial Life Ins. Co..  “LIC’s Pre-Need /Final Expense Forum helps attendees receive timely information from industry experts and regulators and get answers to tough questions.”

The meeting covers all facets of the sales cycle for these hot products, and session topics will offer a hard-hitting look at critical operations functions such as pre-need reporting and auditing, pre-arranging vs. pre-funding, and reaching niche markets. Additionally, attendees will benefit from industry updates by the National Funeral Directors Association and the International Cemetery and Funeral Association.  Members of LIC and LOMA can register for the conference for $275 if registrations are received by October 1, 2004 ($425 for nonmembers).  For more information, visit www.loma.org/licpreneed.asp or call 770-984-3724.

Editor's Note:
Founded in 1910, the Life Insurers Council (LIC) is an association of insurance companies that provide for the insurance needs of the general public, including the underserved market. A council of LOMA, the LIC serves its members through promoting standards of business conduct which are in the best interests of policyholders; representing its members by addressing legislative, regulatory and consumer issues; and providing a forum for the interchange of ideas for the betterment of the public and the insurance industry.

   

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