Prearranged Funerals Not Well Regulated

The prearranged funeral industry rakes in $90 million to $100 million a year in Missouri. By law, the operators can take 20 percent off the top for a quick profit, but they're supposed to set aside 80 percent to pay for funerals years from now. However, the state conducts no audits to see if the money actually is there or whether it is invested properly.

Prearranged Funerals Not Well Regulated
Source: Insurance News Net