Global Atlantic Financial Group (KKR) announced a 10-year partnership with Service Corporation International (SCI), positioning it to become the preferred provider of preneed insurance for North America’s largest provider of funeral, cremation and cemetery services. Preneed insurance is a type of life insurance policy created to help cover the costs associated with funeral expenses, providing peace of mind for the individual and alleviating the potential financial burden on their family. This preferred partnership provides Global Atlantic the opportunity to significantly grow its preneed business and positions the firm to become the number one provider of preneed insurance in North America, advancing its profile in the industry.
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