Homesteaders Life Company
Homesteaders Life Company provides insurance, financial
products, and related services to the funeral industry, emphasizing
the integration of advance funeral planning as an extension of
funeral service.
Homesteaders' business philosophy is to assure a business
culture and financial philosophy that will provide long-term
security for our policyowners, customers, and employees.
Security of funds is Homesteaders' greatest concern - a concern
shared by their funeral home partners and policyholders. In
addition to providing superior customer service and support, it is
imperative that funeral funds are available at the time of need.
How they invest - the quality and diversification of their
investments - is the reason funeral homes have confidence in
offering Homesteaders insurance funding products to families
wishing to prearrange.
Premium dollars are invested in high-quality, well-diversified
bonds. Homesteaders' investments are of high quality, averaging AA-
as rated by Standard & Poor's. The vast majority of the
portfolio is rated A or above. Our investment philosophy is key to
your assurance that your advance funeral funding will be there when
your family needs it.
Company History
Homesteaders was founded in Des Moines, Iowa in the summer of
1905 - twenty-two interested parties gathered at the home of John
E. Paul to discuss the formation of a fraternal order. Less than a
year later, "The Homesteaders" emerged with the purpose of
providing insurance benefits
to its members for "final" expenses. Policy Certificate Number One
was issued in Paul's name on February 23, 1906.
Elected the association's first president, Paul declared a theme
of "neighborly cooperation, fraternity, mutual helpfulness,
protection, and patriotism."
A Pioneering Spirit
The name "Homesteaders" reflects the spirit of the late
nineteenth and early twentieth centuries, when many were migrating
west to find their futures. The pioneers who braved the elements
and other perils were considered
visionaries and survivalists - ideals well suited to an
organization whose membership depended on this kind of resolve.