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The company primarily sells term life insurance, [1] as well as other financial services including auto and home insurance, mutual funds, and credit monitoring. [46] [8] In 2010, Primerica was reported to have over 100,000 representatives selling the company's financial products, with individual earnings averaging $5,156 per year. [4]
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The prime minister of India announced an insurance repository system, helping policyholders buy and maintain insurance policies in electronic form rather than on paper. Insurance repositories , like share depositories or mutual fund transfer agencies, will hold electronic records of insurance policies issued to individuals as electronic ...
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Just as there is a potential conflict of interest with a broker, an agent has a different type of conflict. Because agents work directly for the insurance company, if there is a claim the agent may advise the client to the benefit of the insurance company. Agents generally cannot offer as broad a range of selection compared to an insurance broker.