That investment 15 yrs ago has seen my family through: 10 months of unemployment, unexpected house costs and private school tuition for my oldest daughter for the last two years. Until someoen needs the money, it is only value. In other words what can you live without to pay off your debt. The truth is that anyone CAN do really well in Primericanot everyone WILL. Now they ahve already gotten people to go through the program and get everything covered since this is over 1 year old. Most of the people who become Primerica counselors are no longer doing it within a year or two. Most of the information posted here by people outside Primerica is grossly wrong, and borderlines on criminally liable. I currently work for Primerica and here is my opinion: Yes it maybe true that at the starting position of Primerica Representative that ones commission is not that high compared to other financial institutions, but you have to take all things into consideration. You are always looking for the sale. They have proven they cant be trusted, or are willing to twist anything to their point of view.. And that is a month. 2. SHowing them how to get out of debt faster so they can get to retirement earlier, is educating. So let me say this again. I found out many people are losing money in their investment programs and it may take years to recover. Dont be stupid. Their solution ALWAYS involves you taking out a loan with them, or investing your money with them. Same thing with food. But then again Primerica can do the same thing, but when it came to investigations, Primerica will not have to worry since all the new laws that are going into affect, they have been doing. Things have changed. Shameless Plug: Realistic Passive Income Without MLM? It is one of the biggest asset in Citi. Ability to get paid on referrels for Auto and Home. Oh and all this talk about how everyone else out there is Soo unhappy in corp america let me ask you your positions you had before.. mcdonalds and wallmart dont count as corp america. It is like accidental death and dismemberment. No. Tom says: Well you are wrong here so much let me hit on the answer. The way it was presented was that we would be employees and this was a job opportunity. He wanted us to come down to the PFS building and interview with him. Annually However, that is really not very far from every OTHER BUSINESS,the numbers are every 10 that open only 1 will remain in 10 years. Since AIG is losing money, I believe either 1.8 or 18 million I do not have those facts in front of me over the last three quarters, they are not some place I would want to place my families security with. Tell that to the terminally ill patient. They could not win stealing their clients, because of the non-compete clause. I am curious what other companies posted last year? -. I joined two months ago and yes we have to go through the training/licensing process but if I did it your way I (average) american would have to pay thousands for training/education. Accidental death and dismemberment is worthless, since it pays on 1 out 1,000 policies. Why would you use Life insurance, to pay the health insurance bills? Anyway, it is interesting that Primericans are all about price when putting their term insurance up against cash-value, but when *others* (such as myself), compete against *them* with cheaper/better term policies, THEN all of the sudden its about price is only an issue in the absence of value B.S. I am sorry. Again you need to read, I am a client with more knowledge than you. companies that offer more products, better prices, better compensation, and a Well Any one can take a fact and make it say something it is not. Ask Chris Gardener. I will continue to debunk your falsehoods here. You and Michael are doing great. The paper work for all this takes around 5 hours so that equates to $240 per hour which is 5 times the amount Im earning in my day-job. The fact that you do not understand systemic and not systematic, I am sure you do not understand residual income. This is an opinion. I just ran a quote 41 year old male, non-tobacco standard health rating, 500,000 DB, with a 20 year term from term4sale.com. So i get a stupid 18yr old and sell him/her the world. I ahve already proved this in several areas, I love to see your termination notice. I was called out of the blue from a Jerry a PFS agent, and I really do not know how he got my number. You have trainers and support staff to help you. It is not to be used Investments, for parties, for terminal illnesses. Do you really want to have a felon handling your finances? It is probably one of the reasons he left Primerica and has he own office. You were offered Primerica. Did you know you can get continuing education from people trying to get you to sell their products. Tom I think its because of you PFS agents dont post. I actually think, then respond. NO!! What does primerica sell? No person in Primerica gets paid to recruitonly to sell products. But wait He and James are the only two I have ever heard of that saying independent is so great. This is a pitiful attempt to defame a company. Now if you have no ethics, then you can buy their products. I am just sharing information that I learned outside of PFS. Look you cannot seriously dismiss DI with that i got it from my job thing, Since you are condesending, I guess the truth must be getting you. Instead of asking the people who didnt make it big why they didnt, ask the people who ARE successful how they did it? MILCO was a subsidiary of PennCorp Financial, and Penncorp in turn became a subsidiary of the American Can Company in 1983. BY FAR DO NOT QUIT WHAT YOU ARE DOING YOU ARE THE BEST. (Sour Grapes), : Where is your proof? Sorry for getting to this post so late as you know, Ive been busy. The problem is the product they sell is worthless. , Well You need E and O insurance. You must have the flexibility to change and flexible products to meet your clients needs. Permanent coverage is for a permanent event. Many of the PFS people who post here will see what we are talking about in due time. Men are more expensive than women since the women live longer than men. I mean everyone knows annuities makes the most money for the agent. I do understand since you are the donkey pulling the cart, but please try to understand that this is better than the beginning years. How Much Is A $500,000 Life Insurance Policy? Meaning, if the RR gets in trouble the coverage is for the COMPANY, not the agent. Which would you want your family in? 2 year suicide exclusion The money business is the most highly regulated industry on earth. But since you failed to respond to my point, why not cover ever possible scenario for the person. NOw, Would you care to talk about this Michael, or are you going to IGNORE this too. I think you said you have a fiduciary duty to take care of your client. ANd most people waste that watching TV. 4) Even if one does not even move up one level you still make good amount of money considering its a part time position. I guess that the people who changed their retirement plans for this will get screwed. If you dont like it/arent good at it, well then you can always go back and get a job, and be just like everyone else. Just for fun everyone can join in and participate. My Facts and they are not a belief, are based on independent information. In 2022, MOE announced that these different subject levels would be labelled G3, G2 and G1, mapped from todays Express, N(A) and N(T) standards. Michael knows if he did this stuff across the kitchen table he would be laughed out of house. You claim that it doesnt. YES..I RESEARCHED FOR SIX MONTH ( a bit irrational but Ill make my point, soon.) You said, Sneaky things agents will do to cheat, lie and steal from their clients. Are those agents from PFS? But then again they are wrong. You have seen the commercials about this broker firm is calling for you to buy or sell this or that. 3) Trailer fees on total investments portfolio. Any overpayment could make you more money invested than what you would get at the end. -. They all said what I said. Primerica recruits to build recruits. product. Primerica promotes business ownership which involves recruiting in order to build an organization. (It is a story) Those that prepare are usually looked at like lucky, by those who have not. No commissions are ever payable after termination of this Agreement unless specifically provided in this or another written agreement between you and a Primerica Company. The Values are Hypothetical in only the statement that you are not guaranteeing the rate of return. There is over a 90% failure rate in the financial rep industry but everyone brings on someone, so the company comes out ahead, even with terrible retention rates. When our company already sells a plain vanilla SOLID term with a GOOD long term investment plan, you dont have to go and sell another CHEAP product for another HIGH commission to the same client every other year. . Coincidentally or not, this seems to be somewhat of a win-win. Past performance is not indicative of future results. Neither Primerica Life nor the agent charged with your debt will be obligated to proceed through the arbitration process described in the Basic Agreement to collect these amounts. Since this is only good for the rich, not the middle class, why are you asking this question? I did set an appointment because I was really unclear about why he would call an air conditioning mechanic and a housewife and say that they would make great managers at PFS. Let me clarify your errors again. The $99 fee covers your Life insurance class, books, etc. They can either choose the mission or the commission. Since Primerica does not service the rich, they do not need to worry about this. Now that their parent company will unload them soon well see what happens to their ratings and credibility. @God Funny you have been doing this for months now. Bob, There is a way to have the required coverage and get all the premiums back when the need for coverage has ended. Just like you term is cheaper. I dont really have time for that so this will probably be my last post I used to wonder why some of the successful ones in Primerica didnt respond to posts like this but now I can see why after ive been around some of them, If your considering Primerica, id say try it out and see what happens, you may like it and it may work out great for you. Well I do hope you understand. Let me ask you this question. They all were saying the same thing in the same structure, if not actu Which led me to conclude that all these claims of wasted money, anger toward uplines and a failed system were derived either from the same competitive source trying to knock Primerica out of the box OR by word of mouth and not through actual personal experiences with the firm. Primericas financial services are competitive. You IBA has a non-compete clause in it . . It was shame they did not get the same treatment the Mortgage industry is getting now. 1. Second, why is captive so bad. Since they have to pass the same test, Life Insurance, Securities exam. So, I, along with many others in our firm are charging forward in pursuit of that position that equals true business ownership and bringing along many of those who want it bad. Itll be a lot cheaper than adding simple interest to their mortgage, NSF fees at the bank and being locked up by HUGE pre-payment penalties. I know 3 people personally who have made over $100k more than once a yearand dont really recruit. You say term is temporary but any competent adviser say to buy it and invest the difference. Call me for a quote. How many people invest in cigarettes companies? Out side Primerica the Prepaid Legal associates earn renewals on all the business they write that stays on the books, do the Primerica agents earn renewals on that business? They all said what I said. Not spending the time at the Golden Arches, working pouring coffee. The second comment by me has a correction at the bottom. The only thing that made me think about it twice, is maybe I Know I can get tax except on many things that I would do with Primerica, like travel expense, entertaiment, food, lodging, etc. Life license The moment you sign your IBA these things happen: 1. . Could this be another deception? Get your licenses.. You are not turned over to an 800 number to get the money. The Good ones dont care if theres clauses or guidelines because we dont have anything to hide. But you negative people have to just talk crap about everyone else to make yourself feel better or atleast you exploit the 18yr idiot i think ive seen as high as 40yr idiot at a volnerable time in their life so rest easy. Could it be you are just like the Insurance salesmen that got caught by 20/20 years ago. Consumer guides and money magazines and books say they are a waste of money. Better, YES! Tom it says quite a bit when all you can do is make personal attacks. Some people pay for service. Is there anything negative about that video? Since you have not named your company I am not sure, but since I still have the paper work from my last meeting I attended in California here is what you get for the $99: ****You have no clue whats available outside of PFS. You are right, but you hit upon one of the biggest cost. By the way my lawyer and CPA has checked it out too, and they see no problems. I do not know if it was a game to him or it was something fun for his since he is a well-informed client and not a PFS agent. Tom I have seen both sides be it inside Primerica and outside Primerica. Just like the 5 Star Hotels I stay in. You recruit to build your organization. They show them how to get a rate of return that allows them to retire. I am your worse nightmare, someone who knows equal to if not more than you do. Since there is more than one James, I am not sure which one needs to see this more. I posted yesterday about AIG. . I know people in Primerica and I had one person tell me I wont consider anything else. It is nice to look at but a waste of money. If they dont offer it they dont need to know about it. The freedom to choose my carriers with out a fear of having my contact cancelled. IF you want the easiest way to get mortgage appointed, it is $400. Or they will have a person who may be a CLU be their direct contact person for help with cases. And truth be told, if they dont do it here, then they probably wont do it anywhere else either. Your clients are basing everything on price, or at least that is how you sell. The key to looking at reviews, is spotting trends and facts that cant be disputed. One has to do with the scope of underwriting. Primerica's main product (term life insurance) is something most people need and actually delivers. Butr then he is not selling value but he is selling price. Great lets talk about companies, policies and what is best for the client. They are worthless. Insurance companies look at large numbers. You have fewer fund families than a 401k which is sad, and a common sense annuity; give me a break. But then 544 million dollars after all expenses is nice amount for a company doing in a recession. You are an individual, where a government entity says something who are you going to trust. I dont think anyone says that people cant make any money at PFS the issue is the culture and the notion that its a client first program. For that I would say if you really want to join the company then look for some other RVP office in yellowpages and see some of their meetings. Studying in the field that I am in, I deal with the industry and Ill tell you something having a degree has nothing to do with being good in this business. Thats why they pay charge interest. I ahve already covered this in so many posts it seem you either are ignoring it, or not understanding it. I am sorry for any confusion. Like I said before keep posting. It si sold to your client by a cash value company that will call and harass their client to convert. 4) I have provided addresses, links, photos and statistics, and yet the best that people like Tom can do is slander and re-directing the discussion board OFF of the topic. Some of you may have a nice independent office but the people I deal with are not visiting your office or any other office and are not showing up on your sales leads. Just like every other job or business there is good and bad because you deal with people. Keep at it Micheal or James, you must be getting desperate. And, the new policy is based upon the spouses CURRENT age, not their original age, thus increasing the cost. It is simple. I bought into it hook line and sinker. It will not be worth what they are going to try to sell it to you, so why have it.You mentioned if they have to qualify for the insurance medically. I visited other Primerica offices and I searched for any forums such as this that had pros and cons. You also said, same reason why I hire salespeople that have sold to different companies. . Since this is the second or third time I brought it up, it must be since you are ignoring it. From what I heard only RVPs can earn renewals and then it has to stay on the books for a few years to get it. But I do like to try to educate you. But they are both cars. . More power to you honestly. I am sorry, Why do you think that it is ashamed of Primerica? If not please give me a link here and I will check it out. I know something like that cant be verified, but thats what is going on. I have an annuity from Primerica. Number 2: I bring up my ridiculous researching project about this firm because I never knew of anything such as direct marketing or network marketing or multi-level marketing until I came to Primerica. I talk to a freind I sell to in my business. Ok my fingers are tired but Im gonna go on POL and see about my standing for our Paradise Island trip. To prove it. Thank God her plot is paid for at least. Ok,whoever was not willing to put who he or she was. I am curious, why are you bringing in Citi. //