Primerica and Prime America
Did you ever happen to regret for not having insured something? Do you really believe that insurance companies provide you with any benefits? What if nothing happens to you or your property? Will the money be paid back to you? What if in case of insurance accident the company finds a valid excuse not to cove your damages? Your honestly earned money will simply get into their pockets.
Primerica Financial Services. Primerica is a subsidiary of Citigroup, a General Agency which business model is characterized by multi-level marketing. The company is headquartered in Duluth, Georgia. It is the largest organization in North America which provides financial and marketing services. Among the services offered by the company are term loans, life insurance, long-term care insurance, mutual funds, pre-paid legal services, and variable annuities. Primerica has its affiliates primarily in the US and Canada but recently it has expended to Spain.
Prime America. Prime Americais famous for its life insurance policies. It provides comprehensive web site. At the site there is all the needed information, forms to fill and contact information. It is also distinctive for its consumer education aspect in terms of policies. It provides free quote on life insurance police and the answer comes instantaneously. Prime America claims that the proper information and more specific data are given at a personal consultation.
Any difference? Last year my neighbor had a car accident. She suffered badly injures. Her parents were so much in trouble with her health that did not care to go to the insurance company to get that insurance accident covered. Fortunately, they had some savings in the bank. But when the girl recovered and applied the insurance company for compensation they refused her. The reason was that it was too late to make an offer. The police she bought was very expensive and reimbursement was supposed to be considerable. That is the way the insurance companies make their profits. Of course it is better to pay money and not get hurt, but if something happens and you do not get any help that is frustrating.