Primerica has been in business since 1977, as stated on Primerica.com. Primerica is an insurance company that offers long-term care, as well as life, health and auto insurance. Primerica became an independent company in 2010 and is traded on the New York Stock Exchange.
Primerica operates with the philosophy that term life insurance offers the best combination of coverage and cost, according to Primerica.com. In 2012, Primerica life companies paid out $1 billion in death claims, with around $675 billion in active life insurance policies. Around 92 percent of all claims are paid within 14 days.