Funeral Industry blog
Dignity Memorial a branch of SCI has partnered with Matrix Direct.
SCI, Service Corporation International, “World’s Largest Funeral Corporation” has partnered with another Insurance Giant, Matrix Direct. This is not good news for coming in under the average cost of a Funeral. NYSE:SCI is known for there high funeral cost. There also have been several lawsuits accusing them of being a monopoly. They have been reported as price fixing in Charlotte, NC.Charlotte Observer exposes SCI
SCI is known for coming into the community charging low prices and then eliminating the competition. Here once again they have partnered to provide high end funeral services with a major insurance Corporation. In this case SCI has partnered with Matrix Direct Previously they have partnered with SLAICO.SLAICO and SCI Form High Funeral Cost Alliance Partnership
SCI partners with many insurance companies. INSURANCE COMPANIES and SCI are hurting and in search of new revenue streams-Expect more of this sort of thing.
“Matrix Direct and the Dignity Memorial provider network announce they have partnered to offer consumers a way to create a complete plan for their end-of-life arrangements. Through the Dignity Planning(TM) tool, consumers can document and store their end-of-life plan as well as automatically notify loved ones of the plan for free. Then, referring to the plan details, consumers can work through Matrix Direct to acquire adequate funding for the plan.”
SCI has been struck down it’s financial’s due to the recession. SCI Q1 2009 general losses here .So has Insurance Companies. Funeral Home and Cemetery Scandal has also plagued the world’s largest funeral corporation.SCI SCANDAL AGAIN-A DUMP FOR FAMILY MEMORIALS
in 2009 there has been five other SCI(NYSE SCI) Scandals
Sadly|Pics,Places,Logo Virginia SCI Body Desecrations
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