Benefits
Do you prefer families pay for your goods and services by cash, check, or credit card?
Most funeral homes and cemeteries do. It is certainly understandable, cash in hand keeps your business running smooth. Not to mention the hassle and headaches involved with insurance assignments. It is not uncommon for funeral homes and cemeteries to guide their families, consciously or unconsciously, to pay according to the preference of the business. What effect does this have on your bottom line? Check out this one minute video
Tired of waiting weeks or months for payment? Eliminate the hassle, headache and cash flow delay in processing insurance death claims, today!
As an Owner/Operator of a funeral service company, you understand the need for immediate payment of services when they are rendered. Accepting insurance assignments provides a valuable payment option for you and the families you serve. However, accepting assignments can be costly and time consuming to you and your staff. The average time to collect an assignment is between 30 to 60 days.
Unfortunately, some claims can take several months depending on the status of a death certificate with pending medical examiner and or police reports.
Even 30 to 45 days to collect on an assignment can cost you hundreds of dollars in time, effort and not to mention the actual cost of your funds to finance the funeral for the time period until payment is made by the insurance company. If you are ready to get out of the funeral financing business there is a better way!
C&J’s FAST FUNDING® insurance assignment program is designed to pay your firm within 24 hours of verification of benefits. The fees can be included in the assignment and taken out of the life insurance proceeds allowing you up front payment and no cost to your firm with no out of pocket expenses to the family.
FAST FUNDING® Benefits
• NO RISK – Non-recourse funding to your firm
• FAST – Payment within 24 hours of verification
• SIMPLE – many assignments only require 1 signed document
• EASY – submit, track and manage claims through any web-enabled device
• TRUSTED – #1 provider of insurance assignment funding
• Eliminate Accounts Receivable
• Reduce Administrative Costs
• Death Certificate not required prior to funding
• Beneficiary Cash Advances available
• Same low rate for individual or group policies