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.

Snippet From PR NEWswire

“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

Funeral Industry|Funeral blog by Your Funeral Guy

Dignity LOGO from connectingdirectors.com.

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