5 Biggest Funeral Companies in the US

03. Assurant, Inc. (NYSE:AIZ)

Market Capitalization as of November 30, 2022: $6.68 billion

Assurant, Inc. (Assurant) is a Delaware corporation, formed in connection with the initial public offering of its Common Stock, which began trading on the New York Stock Exchange on February 5, 2004. Before that initial trading date, Fortis, Inc., a Nevada corporation, had formed Assurant and merged into it on February 4, 2004.

Assurant PreNeed, which Assurant, Inc. (NYSE:AIZ) began operating with the acquisition of United Family Life Insurance Company in 1980, is the market leader in the United States in pre-funded funeral insurance based on the face amount of new policies sold. Pre-funded funeral insurance offers annuity or whole life insurance death benefits that can be used to pay for pre-arranged funeral expenses. Assurant, Inc. (NYSE:AIZ), a Fortune 500 corporation with $32 billion in assets, provides incredibly low rates. For over three decades, the biggest funeral home and cemetery consolidator has trusted Assurant, Inc. (NYSE:AIZ) as a partner.