Primerica, Inc. engages in the distribution of financial products to middle income households in the United States and Canada. The company operates through the following segments: Term Life Insurance, Investment and Savings Products, and Corporate and Other Distributed Products. The Term Life Insurance segment includes underwriting profits on its in-force book of term life insurance policies, net of reinsurance, which are underwritten by its life insurance company subsidiaries. The Investment and Savings Products segment includes mutual funds and variable annuities distributed through licensed broker-dealer subsidiaries and includes segregated funds, an individual annuity savings product that it underwrites in Canada through Primerica Life Canada. The Corporate and Other Distributed Products segment, which consists of distribution of non-core products, prepaid legal services and various insurance products other than its core term life insurance products. Primerica was founded in 1977 and is headquartered in Duluth, GA.
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