. Not many. Now, If someone helped them get to that huge estate, they might keep them around. As a matter of fact I was clear to state I am new to Primerica. And I go because Im really eager to learn more about finances (so that I can retire earlier and not work to 65 like everybody else). If I were at PFS I couldnt do certain things without the ok of the company and or my RVP..If I have a health license and I get laid off from my 9-5, why cant I go out and sell health insurance if it can help feed my family? Since you have never talked to a Full-time person you would know they have more than that. We are bigger than that. But let us see, you policies have to have to be convertible since they do not have guaranteed insurability. We HIRE them. The main reason I am is because of the sales force in Primerica, since it cost them nothing. You can run with PFS if thats the company for you, but if want to get big. Its just an option to a situation. Do you really think that companies create financial products without a real This would be non-captive. You see it every Sunday in the advertisements. My wife swears by Mary Kay products. You just probably fell under bad leadership, and/or were probably taught the system incorrectly. Also, as others have said, you can educate yourself at a very low price or for free if you find the right sources. More importantly, is the liability incurred as a 1099. If someone twists the facts I bet your sates DOI would love to here from them. You are not just a sales person you helping them make wise decisions with there future. Do you know an annuity is an insurance policy? Most people are willing to pay for service, and quality. I wish everyone in Primerica well. Those that sell cash value in any form, do this. So for the same price OR lower than your term I can give someone ROP, still I guess you were absent on the days that Art Williams was speaking. Are all of Citis call centers in the USA? Which is better, someone who is captive and sells one company. And i dont care who you areyoull one day be a tired old salesperson and unless you saved like a scroogeyoull be broke cuz you never developed a passive business income. Thats who primerica is for. May be you feel you need the added intials behind your name, but Primerica does not need that, they are backed by the Best Company, and the only company that just sells term. Mortgage brokers game is to give you a new loan in 2 to 5 years. In the office I visited in Orange County, has over 20 people that are full-time. Second since it is risk that is in the market, the only way to not have this risk is to be not in the market. You do not handle the complaint it becomes a problem with a regulatory issue. It is hilarious how deep and far you will go to get your point. What about software? We are a company that SEARCHES for these families and pushes to help them. You should give it a look, and if you decide to do it, make sure that you put some REAL effort into learning the business and getting great at it. You tend to bring up issues in your own mind and say others are in that thought process. This proves a couple things: So for all the PFS people looking at thes post, help out Tom. They should get paid for the time they invest in educating consumers. Thats worth more than the money that you make from it to me. If they have money to invest maybe a ROP is not for them. WHo wins that one? Conceptual Level. Careers I wish everyone in Primerica well. I doubt it. Creative Marketing International Corporation (James said this is important. I do understand some people like their current occupation or have other career goals. Yes they do help people by getting them on a program that may be better than they had before they met with a PFS agents. Primericas is a early payout. Its a we can come into a home and leave a person better off than before we came type of program. Since it sells millions and the staff is the best commodity, It was pegged a couple years ago at over 100 million dollars if I want to sell it. You get it all from Primerica for $99. The more you post the more they will learn..Everyday they will look in the mirror and it will be there. I just go a call from you village, you are being missed. I had to BECOME the right person. Tom im sure you understand that anyone can post with any name. -, First, I do laugh at you and your fellow posters. , 5) Tom makes a lot statements that are incorrect. Primerica did not have to reinstate her, but they did. What about the products that are bad for them like Cash Value Insurance. If I worked for PFS and walked away from you whom would you call, PFS and complain? Our we selling juice here? He says use the ROTH IRA. compensation of what you get with your Legal SHowing them how to get out of debt faster so they can get to retirement earlier, is educating. Also we dont get paid any money to recruit or when somebody joins. outside they can. Wow, THAT was a pretty lengthy spewage of information that quite frankly had NOTHING to do with the point that Ive been arguing with you over. In Econ 101 they talk about economic theories, like supply and demand, capital theories,and such. But for someone wanting to create wealth and not sustain it, you do not use Fixed, but Variables. Would you only shop at one supermarket? They paid only 7 or 70 million for it. There is no one size fits all for all situations. Why not comment on the facts of Primerica takes in 2% of the premium dollars, but covers 6% of the face value? Sounds easy, but its a lot of red-tape. It is why MetLife was willing to buy all the risk with the insurance that they sell, to get to this gold mine of a sales force. What are your commissions like on some of the other products that you offer? Isnt the so Michael? It definitely is something that can eventually become quite lucrative by building passive income. Art said at A.L. I have shown why they are cheaper and why they do it. You build up a strong leg and give it up so you can do the same? It was fun to listen to the tape of the agent apologizing to the client for lying cheating and stealing from them. You found something that was better for you, and capitalized on it (going independent). Most people are willing to pay more for not the cheapest product. But you are toting 35 year term. He know he is wrong but will hide behind what ever he wants to. But there is more than this one.. They have changed the loan center from Irvine to Nevada. Keep posting please so everyone can see that your village is looking for you. Allstate, State Farms, Farmers, all make you sign a not competitive clause contract. Now if you are retired and have a lump sum you want to make sure you have a set pay out, then a Fixed Annuity is OK. Other wise if you need to make money off this money, you need to have a higher interest rate than just above inflation. It jsut scares me people fall for your lines. Well all that business you put on the books at PFS is theirs for two years after you leave. The five security levels in the federal prison system are minimum, low, medium, high, and administrative. If you need me to feed you ego, TOM YOU WIN! This is natural and understandable. Most sell cash value, a known product that destroys families, making them have car washes and other fund raisers to bury their dead, and pays the bills. When people talk about making the most money recruiting, its because when someone is hired in, they bring in their friends and family first. So Please for your clients sake get glasses. So you deserve to stay a salesperson and continue to be as good as your last sell for the rest of your life. Certainly if all other things are equal price is very important, but the contention that PFS makes is that the quality of its term product is superior to anyone elses. It shows you do not care about being professional. Now as for the Employees part, they never said that in any of the many times I get calls. He said they are less than Primerica. Premiums are after tax dollars (cost basis) therefore a return of premium is not taxable since what is being returned is the cost basis. Again you pay for value, or not pay. now what if they offer the Legal plans as a group benefit? -. Primerica is the right company for the right person. This is Michaels trick. Could this be another deception? IT is the one reason why they got closed down. Something else that is lacking in cheaper term is the non-level term. The answer: CLIENTS! Today, almost 30 million people are in We will never truly know because all we have is your word. Once an agent understands why they are in the home thats when you can make the big bucks. I would mention buying leads, but in those cases you may have to contend with an independent agent. You gotta be willing to be different. When I joined this blog my real intentions were to only share my experiences with PFS and not be negative with anyone or any company. I want to thank all of you for contributing to this highly informative blog! ______________________ Remember you are selling insurance as a way to save money, or to have an instant estate. Mutual funds is the way. Well Since the last time I checked permanent coverage is usually only carried 5 to 7 years, and term is carried 10 years, which one do you think has a greater chance of being enforce when the even happens? Well Since you do not have accurate information about how much it cost to join, what it covers, and how you get it, why woudl this suprise me at all. Cash value companies. That is the person they are responsible for, not the person insured. In addition, Citigroup has agreed to make whole any individual investors, small businesses and charitable organizations that sustained losses on auction-rate securities that they purchased prior to February 11, 2008 and sold after February 11, 2008. And truth be told, if they dont do it here, then they probably wont do it anywhere else either. My plan is to pay attention to what really works, and recommended it. I believe I saw the video it on msnbc. -. And youve got 29 year-old Brandon Neil out in St George, Utah who is about to go over $900K in income and hes only been in Primerica 8 years. He does not have the power to influence anyone with his opinions with out facts. Unless he has a third arm or something like that, it sounds to me like you have no one but yourself to thank for your income. Just hadda comment Ive had EXCELLENT results investing through Primerica. I hate to be your client when he says I want full coverage and you sell them Liability. But to quote my favorite line, Remove the plank from your eye. yes it is from the Bible. Thats not the issue. Other than to enrich the agent. You must be getting a premium of that sale. Tom do some research. And since you are on this estate preservation plan, whos estate gets the money that is in the policy? Better, YES! Again Tom is spewing half-truths. The definitions and Part II of your Basic Agreement with Primerica are incorporated by reference into this Agreement and shall have the same effect on this Agreement as if they were actually included in this Agreement. If by chance you dont have the answers, consult with your agentRemember you said this is about opportunity.. Everytime you post, you prove that your village is looking for you. Are you going to ever admit you were wrong there as well as many other places. Some of the experts on these blogs make me smile since Im not totally in the dark. Williams days are over. What is the value of that leg? Quit looking for a free lunch where the sales come to you. If they are doing it right, they are getting 10 names and numbers that are being called by the client warming them up for the agent. I sincerely doubt it!!! The Primerica rep gives the computer specific information about the customers financial situation and it spits out what they call an FNA (Financial Analysis). They are getting harder and harder to read and understand. IN the fine print, and since I have read it, It says yes it is only guaranteed for 20 years, but everyone in your classification needs to be increased. But then again My Sales are in the millions each year. Oh by the way, this is the James that posted on July 26, 2008 James @ 9:25 pm for the first time. You recruit to build your organization. Commissions do not affect our editors' opinions or evaluations. the cost to me was $1000 in fees. It is the middle class family that ahs been cheated by agents like yourself selling the fact that you need life insurance permanently. He took a country that was in the middle of a depression, people starving and made it into a super power of the time. Primerica is what most would call a pyrimid, but someone tell me what company is not. Again you are calling people out here. This is the reason the government requires only LICENSED reps to give advising on certain financial products. _________. First, You are talking about one product. Here is the question of the day, and it is something you still have not answer. You also answer to the companies you represent, or mis-represent. And even though we live in the U.S.,the best economic system in the world. > I invested in American Funds when I was 20 to 23 yrs old ($2,000/yr for 3 yrs) because a Primerica representative reached out to me. This is something every salesperson has to do. Many Independent agents work through Insurance Marketing Organizations. I will not go into that. 5 to 10. Hear me when I say this!!!! I am your worse nightmare, someone who knows equal to if not more than you do. They should be just running out of money or run out of it. Oh wait, something similar *does* exist. I have seen many companies go out of business in lees than 5 years. That is why I wrote this post I was and am happy to see all of the comments from both sides of the Primerica spectrum, so hopefully people can get a better understanding of what Primerica does and doesnt do. Unless you are typical and only cover what is good in your place. top of that there are indexed annuities which you dont have. You are told you are a bussines owener. What you are saying is converting it to Whole,Universal, You bet your life Insurance. As for the statement about people who got started in Primerica well Primerica still made money off of our production so its a wash. What opened my eyes to that issue was the book,Who moved My Cheese..I know this is old hat, but it was tough for me to leave Primerica. You said 99% of the time you sell good policies. So my coverage has grown and my monthly cost haas gone down. Regional Vice President. Since those with lower credit scores are known to use their insurance when they have accidents, we will charge them more. It can work, and if you are extremely careful you may not get burned. If you say anything other than the owner/trainer you need to make sure you have an understanding of what lying is. 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. If I looked at this portion of the post, it proves one of two things. But then again this is the Parent company and has nothing to do with Primerica. Primerica or A.L. An example of this is AIG. Do you work for a Contractor in the Business of Ac Repair? LOL,,Give a person enough rope and they will hang themself. You are not turned over to an 800 number to get the money. You say your just a client, then you say you went through PFS training, which is it? ), What does the other insurance companies sell. But then again The IRS says it is. Is it a scam company. Most people rather not have the worry of having problems with their insurance, their familys only source if the breadwinner(s) die prematurely. When My dad died, the other insurance companies and independent agents directed us to 800 numbers. They were told it would cover anything. ( The exception is if you are in a dangerous field, or work with a group that may be considered dangerous and your job is not. How about skinning your knees as a kid? . And how many term insurance products do you carry. This is 90 to 95% of the cash value policies out there. Where are the people who agree with Tom? Is there another way to get into this business without spending alotta money or going to school for 2 yrs? I wasnt. Primerica will never call you over and over again saying you need to convert. If you are happy with PFS, I am happy for you. Are not able to understand simple English. I asked my trainer some of the exact questions you guys are asking. The use of spell check and instead of using the philosophy buy term and invest the difference maybe try buy term and invest the difference only when it makes sense. I have not hired people since they ahve bad mouth their past employers. Does Michael change his spots? Wanna know why some people dont make it? You make false accusations and get personal with people you dont even know. Lets call you out on the carpet or are you chicken? Not really. Now in looking for my evidence, I dodnt google it and look up the name with scamyou do that with any company and it will come up with a bunch of angry people or competitors guised as previous employees ready to rant and complain about anyt and everything-thats how people are. The only thing is that Primerica is offering them a way to leverage their time. And if the company goes default, then I lose my insurance. Honest reply to all you folks who hopefully read through this whole blunder. Most life insurance has accelerated death benefit . They say its a forced savings plan. Pan American Life Again, I am not an agent. Let me ask you this, If cheaper is so much better, why do we not all life in metal shacks. First you confuse the issue. First, Primerica was bought by CitiGroup. If what Primerica claims is true in this case than I think a Primerica policy would be more beneficial because you would have peace of mind knowing that you fully understand your policy and that your family will receive the death benefit regardless. How about when the client asked a direct question that you hem and haw at? Broken record again, if you concerned about your pocket book more that doing the right thing you are a failure. If the small things are not done right, how am I supposed to have faith in a person to handle my important things. No reason to get so upset bro the purpose of this post is to let everyone show his or her experiences with Primerica because like I mentioned mine was very limited and I did NOT have all the facts.