Primerica Financial Services

    auto and homeowners’ insurance

     

    NYSE: PRI
    Headquarters: 3120 Breckinridge Blvd., Duluth, GA 30099
    http://www.primerica.com

    Primerica has an average of $2.5 million in benefit claims paid every day.

    Key Officers: D. Richard Williams, Chairman of the Board, Co-Chief Executive Officer; John A. Addison Jr., Chairman of Primerica Distribution, Co-Chief Executive Officer, Director; Glenn J. Williams, President

    Primerica caters mainly to middle-income households in the United States. The company, founded in 1977, established a niche in the market by promoting the concept “Buy Term and Invest the Difference.” This encourages clients to purchase sufficient protection at a price they can afford, but investing the money saved to build their families’ futures.

    In addition to term life insurance, Primerica offers financial services, auto and homeowners’ insurance, annuities, and long-term care coverage.

    The company insures more than 4.3 million people with more than 100,000 licensed representatives and more than $80 billion of life insurance in force.  There is an average of $2.5 million in benefit claims paid every day.

    Primera is an accredited member of the Better Business Bureau; has an A+ (Superior) financial strength rating by A.M. Best; and is a member of the American Council of Life Insurers and the Insurance Marketplace Standards Association.

    Sources: primerica.com, Hoover’s, Google Finance

    Compiled by Life Quotes, Inc. staff

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