I went to one of their meetings and showed slight intrest and now they won't stop calling and now that they now I am licensed it is getting worse.....AAAARRRGGGHHHHHH!!!!!!!!
MLM-Multi-Level-Money takers hehehehehe
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Rick
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"Everything we do is just a drop in the bucket. However if we don't do it, it will always be missing." Mother Theresa
This thread is interesting in that just today I find that I'm in a competitive situation with Primerica agent for term ins. with a prospect. I don't yet know what she quoted. However, does anyone have any good competitive info (legal and accurate) about the company that I can refer the prospect to. She has a 'dear friend" who wants to put her into a Primerica plan. I told her to wait until see sees my quote from West Coast.
Im sorry I seem to have lost my ability to read! Are we all not Americans here? where is your pride? Prime America Rulez!
I used to really like their logo! (Cant seem to find it anywhere) Did some one steal it?
Scott
Please tell me your joking, Primerica is more like a chicken farm than anything else.
Their "buy term and invest the rest" motto is the funniest thing I have ever heard. Not to mention all the people they "educate" are taking the bus to their classes pretending to know retirement planning.
Give me a break, this company should be taken off the map all together.
If you do the math that THEY (Primerica) give you its easy to see who makes money with them. One of thier ad pieces bragged that they sold 184,000 life insurance policies last year (2006) .... Turn the page, then went on to list just over 200,000 liscensed agents. oops somebody didn't make ANY money last year!!!
Run,! Dont walk away from this oportunity, Get with a legit company and make some real money.
That same previous mentioned hot wife said "No!" Something about leaving her to raise four kids by herself when I splat my brains on the pavement. Of course, I do have TONS of life insurance
Primerica is a multi-level marketing insurance company. They pay lower commissions but you recieve over rides for signing up your "friends" as sub-agents. To make good money with Primerica you need to sign up lots of "friends."
I would stay away from them. You will do better staying independent. You can sell lower priced product and make more commission doing it. And the best part is your friends will not run and hide when you come walking toward them.
This is absolutely WRONG. As a former Primerica Agent I know for a fact that you do not get commissions for recruiting people into the company. You only get commissions on sales and yes you do get override commissions from the persons sales that you recruited. But if we're gonna say "anything" about "anything" lets speak of facts.
If you don't follow the entire financial plan that you get from Primerica and keep on spending the same you will only see poor results. We owe it to ourselves to learn about money.
I was recruited by Primerica, but decided NOT to get involved. I came really close to signing up.
I feel that some people can make money their, but most won't...just like most insurance companies. Just look how high the first year fail rate is.
However, I think that an insurance company should not be a MLM company. The business is built on signing up as many people as possible....even those who have no business in insurance sales. I also hated how they sold the huge paycheck as almost a guarantee.
"This is absolutely WRONG. As a former Primerica Agent I know for a fact that you do not get commissions for recruiting people into the company. You only get commissions on sales"
Why do the pro primeamerica statements start out with the word "former"?
It's a term company with not the best rates that simply uses a distribution system that creates a great deal of turnover. The odds of becoming a career agent are probably less than other carriers.
"This is absolutely WRONG. As a former Primerica Agent I know for a fact that you do not get commissions for recruiting people into the company. You only get commissions on sales"
Same damn thing. What a harebrained first post.
That is what I was told to. However, you make a small commission from the people you recruited when they sale something. I was also told that after you recruit a certain number of people your commission per sale is increased.
As a "former" A.L. Williams rep I can tell you that it is MLM. I dont care what anyone else says, when I was drinking the kool-aid Id say the same things...
No its not MLM, we got the best rates... rah rah, high five...
Primerica is Americas worste opportunity...
You start off with 25% comp on term insurance with no renewal you then recruit and work your way up to an "RVP" who makes 95% ... the day I left that hell house I got appointed with Shen Life at a 120%...
"Primerica: Id rather by term and spend the difference"
I'd would rather go talk to Mike Rowe from the show Dirty Jobs and have him give me the worst dirty job he has ever done than to stay in the business if I had to sell Primerica, although it wouldn't be quite as bad as peddling substandard health insurance policies from NASE.