Primerica Makes A Difference In Canada
Primerica is celebrating its 25th year in Canada, and even though we have made a huge impact, there has never been a greater need for what we do to help Canadian families become properly protected, debt free and financially independent.
- 21% of Canadians do not have any life insurance.1
- The average Canadian owes $9,000 on a line of credit and $2,400 on credit cards.2
- 59% of Canadian employees would have trouble making ends meet if their paycheque was delayed by even one week.3
Since the company’s expansion to Canada in 1986, Primerica has experienced 25 years of record-breaking growth and currently ranks No. 7 in total life insurance in force with more than $11 billion.4 Primerica has paid $604 million in death benefit claims and administers more than $7.9 billion of client investments.5
And, while doing a great job for our clients, Primerica has paid a total of $1.4 billion in compensation to its representatives in Canada over the last 25 years.
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“We proved,” said Primerica President Glenn Williams, “that this is a business opportunity that can adapt to any environment.”
With the current economic conditions in the world today, the opportunity is even greater. One in five of Canada’s 1.5 million jobless workers have now been out of a job for 27 weeks or more6 and 11.7% of Canadians desire to start a new business in the next three years.7
Primerica has common sense solutions to these financial challenges.
- Canadian Life and Health Insurance Facts, 2009 Edition
- finance.yahoo.com, June 5, 2009
- InvestmentExecutive.com, viewed March 26, 2010
- Canadian Insurance/Top Broker 2010 Annual Statistical Issue
- As of November 30, 2010
- The Globe and Mail, November 3, 2010
- www.internationalentrepreneurship.com, viewed December 15, 2010