Primerica Term Life Sales Decrease in 2009

Posted on December 30, 2009 and updated March 20, 2018 in Insurance Types, Life Insurance Canada News, Primerica Life Insurance Company, Term Insurance 1 min read

As reported in the December 2009 issue of the Insurance Journal, sales of Primerica term life products have been decreasing.

The company’s recent prospectus filed on November 5, 2009 states that Primerica sold more than 115,000 policies in the six months ending June 30, 2009, compared with more than 121,000 policies in the first six months of 2008.

The prospectus also indicates a slight decline in the average size of new policies along, with a slightly higher lapse rate. (The rate of which people cancel their policies)

You can get a free term life insurance quote at our Instant Term Insurance Quote Page, or feel free to call us at 1-866-899-4840.
 

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Leader
Leader

Primerica sales are strong because of their products and their people. They offer competitive Term rates which is the only logical life insurance

LSM Insurance
LSM Insurance

Thanks for the note. Term insurance is a great fit in many circumstances and Primerica does offer competitive rates at many price points. But it is not always the ideal fit. Permanent insurnace is often needed for Estate Planning, Offsets Taxes on an RRSP, RRIF or Investment property. Business Succession Planning to Cover Final Expenses or Estate Creation.