Erie Family Life Insurance Company is primarily engaged in the business of underwriting and selling non-participating individual and group life insurance policies, including universal life, annuity and disability income products. The Companys portfolio of life insurance includes permanent life, endowment and term policies, including whole life, mortgage and decreasing term, group and universal life insurance. Erie Family is owned 21.6% by the Erie Indemnity Company (EIC), 53.5% by the Erie Insurance Exchange (Exchange) and the remaining 24.9% by public shareholders who are predominantly directors, agents and employees of EIC.