Partnered Funeral Homes
We are pleased to announce the creation of Precoa, the Preneed Company of America. Precoa represents the best of what the preneed industry has to offer, with a comprehensive proactive marketing program, innovative and industry-leading insurance products and the financial assurance of policies underwritten by National Guardian Life.
Many of the great things you’ve come to expect from us will remain unchanged in the transition, while other features and services will become enhanced. We are excited for this next step in our evolution and the occasion to offer you, our proactive partner, the opportunity to reach more families better than ever before.
On this page you will find information and resources to learn more about the transition. Should you have additional questions, your regional consultant or regional director would be pleased to talk with you, should you prefer, you can email us here.
We were pleased to choose NGL to fund our exclusive Smart Growth product because of their 100-year history, financial strength and unrivaled commitment to customer service. We are confident their services will meet or exceed your expectations in every way.
- Century-old mutual company
- A.M. Best, A- (Excellent) rating
- Conservative investment strategy
- Consolidated assets exceed $2.5 billion
- 9 percent surplus ratio with $196 million in surplus
- Currently protecting 731,000 families
At both Precoa and NGL, we believe customer service is key to success. If something is important to an NGL policy owner, it’s important to us. Not only does NGL set their own service standards high, they also publish closely-tracked customer service statistics on a quarterly basis.
When it comes to processing new policies and claims, NGL consistently meets or exceeds its own very high standards. Accuracy and speed are both a priority.
The Future is Bright
As we become Precoa, we are evolving to serve you better than ever before. While continuing to offer the features that have made us the preneed program you’ve come to trust, we’re excited about various enhancements.
Features & Enhancements
|2011 Growth Rate||Industry-leading growth rate this year of 2.5% compound|
|Claims Processing||Online claims processing|
|Enrollment Forms||Send enrollment forms via fax|
|Funeral Planning Center (FPC)|
|Portland Support Staff|
|Web Portal||Improved counselor follow-up. Faster. Online training and notes.|
|Reporting||Online reporting (policy status, aging report, death benefit)|
|Funeral Home Partnership|
|Grow FH Market Share|
|Long-Term Growth Philosophy||Growth exceeds long-term inflation. Growth agreement.|
We want you to be well informed during every step of this transition so you know what changes are going to affect you and when. Never hesitate to contact your regional consultant or the Precoa home office with any questions you may have.
- Nothing will change immediately
- The state-by-state roll-out will change two things:
- Minor improvements to the insurance paperwork
- New insurance customer service team
The Best of Both Worlds
For decades, insurance companies and third party marketers have filled different needs for funeral homes. Precoa takes the best of both and combines them into a complete preneed company.
Essential Features of a Complete Preneed Company
|Essential Features||Insurance Function||Marketing Function||Uniquely Precoa|
|Insurance Product Design|
|Large Upfront Investment|
|Past policies move with company|
|World-Class Incentive Travel|
|Long-Term Growth Philosophy|
|Robust Marketing Materials|
|Dedicated Marketing Dollars|
|Marketing Analysis and Planning|
|Hands-on Sales Managers|
|Effective Field Training|
|Comprehensive CRM System|
|Funeral Planning Center|
|Fully Customized Web Portal|
Frequently Asked Questions
*Financial results current as of 12/31/10. Ratings current as of 05/05/11.
Insurance coverage provided by National Guardian Life Insurance Company. National Guardian Life Insurance Company is not affiliated with The Guardian Life Insurance Company of America, a/k/a The Guardian or Guardian Life.