Primerica Canada Celebrates 30th Anniversary

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TORONTO--(BUSINESS WIRE)--Primerica, Inc. (NYSE:PRI) announced now it is celebrating a 30 year
anniversary of successful business operations in Canada. Since its
pregnancy in 1986, Primerica has grown from a tiny start-up operation
to turn a personality in providing Term Life word and investment
products to center income families via all Provinces and
Territories.

“We have achieved many poignant milestones given a first three
decades ago,” pronounced John Adams, CEO of Primerica Canada. “As of December
31, 2015, we have paid some-more than C$1 billion in Term Life Insurance
claims to process beneficiaries. We now word scarcely 500,000 lives
and have some-more than 350,000 customer investment accounts, and a total
sales force remuneration has surpassed C$1 billion. Thanks to the
untiring efforts of a eccentric sales member and dedicated
Head Office team, we have turn a loyal financial services leader.”

The company’s clever lane record of success continued in 2015, noted
Adams. “We had a record-breaking year and finished 2015 with strong
momentum. Life word face volume in force exceeded C$100 billion,
and customer item values surpassed C$10.5 billion, both as of December
31, 2015,” he said. “Most importantly, we paid some-more than C$102 million
in claims to a process beneficiaries during 2015. We’re unapproachable that
Primerica is there when families need us a most.”

As 2015 drew to a close, a company’s life-licensed sales
member exceeded 10,000, solidifying a position as the
country’s largest life word sales force. “Our Field Leadership is
a many critical cause in a stability success,” pronounced Jeff
Dumanski, President and Chief Marketing Officer, Primerica Canada. “We
also have a country’s largest eccentric mutual account sales force, and
a Term Life and investment products we yield are desperately needed
among a underserved center income market.”

Research indicates as many as 85% of Canadian households are
underinsured, with a jagged commission of those households
descending among middle-income families, that is a primary market
Primerica serves. “We’re rising new initiatives in 2016 to strech even
some-more underserved clients,” Dumanski added.

Primerica is good positioned to continue to grow and offer clients’
needs for a subsequent 30 years and beyond. Primerica Life Insurance Company
of Canada is ranked among a country’s tip 10 life word companies
formed on in-force face amount. PFSL Investments Canada Ltd. is a leading
mutual account play in both item values and sales force size. Primerica
Client Services provides entrance to an additional apartment of personal
financial programs including debt converging loans, credit reports
and scoring, and authorised protection. As a customers’ needs and demands
have altered over a final 30 years, Primerica is unapproachable to continue to
yield a plain substructure that is essential to assisting center income
families grasp personal financial independence.

About Primerica, Inc.

Primerica, Inc., headquartered in Duluth, GA, is a heading distributor
of financial products to center income households in North America. In
Canada, Primerica is headquartered in Mississauga, Ontario, where it has
some 200 full-time employees. Primerica member teach their
Main Street clients about how to improved ready for a some-more secure
financial destiny by assessing their needs and providing appropriate
solutions by tenure life word and segregated supports through
Primerica Life Insurance Company of Canada, mutual supports by PFSL
Investments Canada Ltd., as good as debt converging loans, disability
word and other financial products, that we discharge essentially on
interest of third parties. In addition, Primerica provides an
entrepreneurial full or part-time business event for individuals
seeking to acquire income by distributing a company’s financial products.
Primerica insured approximately 5 million lives and had over 2 million
customer investment accounts during Dec 31, 2015. Primerica batch is
enclosed in a SP MidCap 400 and a Russell 2000 batch indices and is
traded on The New York Stock Exchange underneath a pitch “PRI”.

www.primericacanada.ca

Tags: #life insurance