Primerica's History
Primerica’s roots date back to 1977 when the company embarked on a revolutionary crusade to transform the life insurance industry. Primerica’s “Buy Term and Invest the Difference” philosophy encourages middle-income families to purchase affordable term life insurance so they can have more money to invest in their family’s future. Today, Primerica has expanded its crusade to address the number one financial disease facing families today: debt. Primerica offers solutions to help families eliminate crippling debt from their household finances and save more of their hard-earned money for the future.
- Serves more than 6 million clients in the U.S., Canada, Puerto Rico and Spain
- More than 100,000 licensed representatives
- More than 25,000 licensed mutual fund representatives — the largest sales force in North America
- Securities clients have nearly $40 billion in mutual fund assets under management through Primerica
- Placed in force more than $90 billion in life insurance in 2007
- An average of $2 million in death claim benefits is paid every day
- Paid out $632 million in compensation in 2007
- A member of Citigroup, the world’s largest financial services company
Citigroup
- More than $2 trillion in assets
- Listed on the NYSE (C)
- One of the 30 Dow Jones Industrial Average Stocks
Providing Solutions
As a subsidiary of Citigroup, Primerica markets first-rate financial products and services from some of the world’s more recognizable companies.