Our distribution model is designed to: • Address our clients' financial needs. We administer all policies subject to these coinsurance agreements. Due to the COVID-19 pandemic, in-person meetings with clients were limited during 2020. RVPs establish and maintain their own offices, which we refer to as field offices. One of our term riders provides for coverage increases after the first year. In addition, we distribute 457(b) plans to governmental entities. We launched the program as a pilot in 2019 offering refinance mortgages. Policy and Contract Reserve Sufficiency Analysis. 16 Regulation of Our Investment and Savings Products Business. We have an Incident Response Plan that is reviewed and updated regularly. The Board receives a quarterly report from management on cyber security. Human Capital Management Employees General. 4) All remaining exempt (as defined by the Fair Labor Standards Act) employees. ( Changes to policies, programs, and benefits packages are made based on this feedback. We have not been, and are not currently, subject to franchise laws for similar reasons. Those interests may conflict with the interests of our stockholders. Failure to comply with applicable laws could result in potential litigation liability. 28 In Canada, sales representatives offer mortgage loans on a referral basis only. We continually assess our ability to monitor, respond to, and recover from such threats. As such, Primerica, Inc. is a holding company that has no significant operations. These laws and regulations often are subject to the political climate.
