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                    [Summary] => One of the victims of a recently-failed pre-need firm reported last Thurday: "I went there this morning and it was a frenzy and panic, almost like a bank run situation where people tried to claim but with no success. The firm’s officers simply said that we couldn’t use nor redeem the funds in our policies because they will undergo rehabilitation and will suspend servicing its obligations. CAP was even better because they were transparent with the public.
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NEVER DIES

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abtest

Pre-need plans falling like dominos

By S.A. Maguire | April 21, 2005 - 12:00am

One of the victims of a recently-failed pre-need firm reported last Thurday: "I went there this morning and it was a frenzy and panic, almost like a bank run situation where people tried to claim but with no...

Business