Primerica vs State Farm Life Insurance

  • YEAR FOUNDED
    1977
  • CURRENT CEO
    Glenn J. Williams
  • AVAILABLE
    All 50 States
  • ADDRESS
    1 Primerica Parkway Duluth, GA 30099
  • TOP AWARDS

    2016 DALBAR Mutual Fund Service Award

    2015 Forbes list of America’s 50 Most Trustworthy Financial Companies

  • PROS
    • Strong financial stability.
    • Simple.
    • Quick claims.
  • CONS
    • Appears to operate under a multilevel marketing structure.
    • Strict underwriting.
    • No permanent policies.
  • YEAR FOUNDED
    1922
  • CURRENT CEO
    Michael L. Tipsord
  • AVAILABLE
    48 States
  • ADDRESS
    East P.O. Box 588002 North Metro, GA 30029
  • TOP AWARDS

    N/A

  • PROS
    • Great Term Life Insurance
    • Top rated customer service
  • CONS
    • Term lengths
    • Higher premiums than other companies
SOURCEPrimericaState Farm
JD Power2/55/5
BBBA+A-
AM BestA+A++
Moody'sN/AAa1
FitchN/AN/A
Standard & PoorN/AAA
Comdex ScoreN/A98
SOURCEPrimericaState Farm
Total Assets$12.46 billion $160.732 billion
Life Insurance in Force $728 billion$901.7 billion
PrimericaState Farm
Term Life InsuranceSelect Term 10, 20, 30
Return of Premium 20, 30
Mortgage Life 15, 30
Whole Life
Limited Pay 10, 15, 20
Single Premium Life
Universal Life
Survivorship Universal Life
Joint Universal Life
PrimericaState Farm
Primerica Term Life InsuranceSelect Term 10, 20, 30
Return of Premium 20, 30
Mortgage Life 15, 30
Whole Life
Limited Pay 10, 15, 20
Single Premium Life
Universal Life
Survivorship Universal Life
Joint Universal Life
PrimericaState Farm
Increasing benefit.N/A
Terminal illness.
Waiver of premium rider.
Jonathan Holloway
October 13, 2019
John Holloway is a licensed life insurance agent and co-founder at NoExam.com
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