The Wheel
So one of the things about Primerica is we are a financial services distribution company. For example if you had invented this pen and it was a super special pen and you could get a company like Wal-Mart to you’re your pen.
Would you sell a lot of these pens?
Yea because they're everywhere, they've got distribution everywhere right. So with Primerica what's unique is since we've got almost one hundred thousand licensed reps right now, if a company could get us to put their products on our platform…they've got a very good likelihood that we're going to market a lot of those products and services. So companies bid and we've got the best of the best for example we've got Met Life, Lincoln, A.I G., and AXA. All in the annuity category… and then in 401 K plans we have VOYA we have fidelity in the 401k area. In the mutual fund category we have Legg Mason, Invesco, Franklin Templeton, American Century, Pioneer and American funds, so we have great categories of mutual funds families.
We have a legal protection product, we have a long term care product through John Hancock and Genworth, we've got Answer financial that does auto and home quotes and saves people money in that arena. (We no longer have a partnership with Freedom Financial so do not say that.) Equifax as well that does a debt program that helps people to really monitor their credit and then we've got the only thing that we manufacture… Is our life insurance product and that’s our uniqueness, is that we have the most incredible product line designed to help families of any insurance company in the industry. Just so you know most of the insurance industry doesn't like us and we don't care. We take a stand for what's right. We've developed our own product line something called Term insurance and I'll share that with you in a moment. And so we that's the only thing we manufacture and we have Lockwood financial that does managed accounts.
Would you sell a lot of these pens?
Yea because they're everywhere, they've got distribution everywhere right. So with Primerica what's unique is since we've got almost one hundred thousand licensed reps right now, if a company could get us to put their products on our platform…they've got a very good likelihood that we're going to market a lot of those products and services. So companies bid and we've got the best of the best for example we've got Met Life, Lincoln, A.I G., and AXA. All in the annuity category… and then in 401 K plans we have VOYA we have fidelity in the 401k area. In the mutual fund category we have Legg Mason, Invesco, Franklin Templeton, American Century, Pioneer and American funds, so we have great categories of mutual funds families.
We have a legal protection product, we have a long term care product through John Hancock and Genworth, we've got Answer financial that does auto and home quotes and saves people money in that arena. (We no longer have a partnership with Freedom Financial so do not say that.) Equifax as well that does a debt program that helps people to really monitor their credit and then we've got the only thing that we manufacture… Is our life insurance product and that’s our uniqueness, is that we have the most incredible product line designed to help families of any insurance company in the industry. Just so you know most of the insurance industry doesn't like us and we don't care. We take a stand for what's right. We've developed our own product line something called Term insurance and I'll share that with you in a moment. And so we that's the only thing we manufacture and we have Lockwood financial that does managed accounts.