Primerica has announced that its TermNow life insurance product garnered national attention for its innovative underwriting design. In the January 2013 issue of Best’s Review, a monthly insurance news magazine, Primerica was listed as one of the top 10 innovators in its “Innovation Showcase.”
According to the publication, the 10 innovations were selected based on their impact on that individual company, and in some instances, the insurance industry as a whole. Though from a wide range of segments, they all showed “measurable success” and improved performance for the business.
Robert Stein, retired Vice Chairman of Global Financial Services for Ernst & Young and a director of Assurant Inc., singled out three innovations, in particular, including Primerica’s TermNow, as “the type of breakthrough the life insurance industry needs to make significant inroads in the middle market.”
Primerica Inc., headquartered in Duluth, Ga., is a distributor of financial products to middle-income families in North America. In addition, Primerica provides an entrepreneurial full- or part-time business opportunity for individuals seeking to earn income by distributing the company’s financial products.
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