The group's principal activities are to underwrite and market non-participating individual and group life insurance policies. It also sells individual and group life insurance annuities. The life insurance products include universal life, annuity and disability income products. The portfolio of life insurance includes permanent life, endowment and term policies, including whole life, mortgage and decreasing term, group and universal life insurance. The group also is engaged in the property or casualty insurance business through its wholly owned subsidiaries, erie insurance company, erie insurance company of New York and erie insurance property and casualty company and through a subsidiary of the erie insurance exchange, flagship city insurance company.