Vericity is a holding company. Through its subsidiaries, Co. provides life insurance protection targeted to the middle American market. Co. manages its business through two segments: Agency and Insurance. Co.'s Agency segment primarily consists of the operations of Co.'s subsidiary, Efinancial, LLC (Efinancial). Efinancial is a call center-based insurance agency that markets life insurance for Co.'s another subsidiary, Fidelity Life Association (Fidelity Life), and unaffiliated insurance companies. Co.'s Insurance segment consists of the operations of Fidelity Life. Fidelity Life underwrites primarily term life insurance through Efinancial and a group of independent insurance distributors. The VERY average annual return since 2019 is shown above.
The Average Annual Return on the VERY average annual return since 2019 page and across the coverage universe of our site,
is a measure of the annualized return over the past ten years (or specified start date) for a given investment
(up to the end of prior trading session recorded). Arguably, choosing ten years for a measurement
period is on the one hand completely arbitrary, but on the other hand provides a sufficiently long window
to capture long-term trends.
Thus, researching Average Annual Returns is good practice for investors — whether VERY average annual return since 2019 or other benchmarks/peers
— and when doing so it is also important to factor in dividends, because a financial instrument's annualized return is
more than just the change in price if that instrument pays a dividend or coupon. Our website aims to empower investors
by performing the VERY average annual return calculation with any dividends reinvested as applicable (on ex-dates).
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