Last updated June 15, 2009
About Primerica Group
Founded in 1977, Primerica was developed as a revolutionary crusade to transform the life insurance industry. Focusing mainly on middle-income families, Primerica works by the philosophy, “Buy Term and Invest the Difference.” By providing more affordable term-life insurance, the company believes it will give the family more money to invest in their future. Today, the crusade has expanded to include debt, a top financial dilemma for consumers.
The company offers financial products and services through its affiliates that include term-life insurance, mutual funds, variable annuities, segregated funds, loans, long-term care insurance and pre-paid legal services. It has more than 6 million clients through a network marketing formatted sales model. In August 2007, Primerica and Answer Financial introduced Primerica Secure, an auto and homeowner’s insurance referral program connected to dozens of insurance carriers. Primerica conducts business principally in the United States. Primerica first expanded internationally in 1986 when it began operating in Canada, where agents sell life insurance and segregated funds from the Primerica Life Insurance Company of Canada, and securities from PFSL Investments Canada Ltd.
Primerica Life Insurance Says
Term-life insurance is the least expensive form of life insurance that provides coverage for a specific amount of time. If the policyholder dies within the contract time, the benefits will be paid to the beneficiaries. Primerica encourages its customers to buy term-life insurance and invest their savings — those from buying term-life versus whole life.
Contact Primerica at:
Primerica Life Insurance Company
3120 Breckinridge Blvd.
Duluth, GA 30099
Telephone: (800) 257-4725
Sources: ” Primerica web site,” Primerica web site, 2009, “Protect Your Family,” Primerica, 2009. “Primerica Financial Services,” Wikipedia, June 2009