U.S. Hispanic Market

General Characteristics:

• Protects family back home
• Protects future cash flow in the event the person who wires funds dies in the U.S.
• Prices are affordable
• Is easy to use and understand
• Added price points with rollout
• Marketing and sales materials presented in English and Spanish

Products Benefits:

• Repatriation of remains
• Educational savings plan
• Funeral Expenses
• ...and more!

WireProtect™ is a registered trademark of Pan-American Life.

Did you know?

• In 2007, global remittances rose 7 percent from last year to $318 billion
• India topped the global list of the remittance recipients with $27 billion, followed by China with $25.7 billion and Mexico having received $25 billion
• Rich countries are the main source of remittances led by the U.S. with $42 billion in recorded outward flows
• The U.S. was also the top immigration country with 38.4 million immigrants
• About $240 billion went to developing countries last year

Source: World Bank's new Migration and Remittances Factbook 2008. March 2008

• The Facts

  • The Hispanic population in Los Angeles County, California is the largest of any county in the nation at 4.7 million
  • In 2006 there were 9.9 million Hispanic family households in the United States
  • The disposable income of U.S. Hispanics was estimated at $863 billion in 2007 - 8.6 percent of total U.S. consumer spending
  • Disposable income is projected to reach $1.2 trillion by 2012

  
  

  For more facts and sources,
  click here

• 

  Regions and Locations >>

  Pan-American Life serves and protects thousands of customers in the Americas.

• Ratings

  Pan-American Life Insurance Company has been a leading provider of insurance for Latin America and the U.S. since 1911.

  Visit our Ratings and Recognition section to find out more.

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