Since the first pre-need plan was offered to Filipino consumers in the 1960s, the pre-need industry has phenomenally grown in the past few decades into a multi-billion business catering to the needs of Filipinos nationwide. Considering its rapid development and it being a ‘home-grown’ industry, this review of literature presents information meant to: (1) determine the scope of the pre-need services industry; (2) present a profile of the establishments in the industry; (3) describe the current state of regulation of the pre-need industry; (4) determine the demand for pre-need services both locally and abroad; and (5) determine the potential of exporting pre-need services abroad.
