We have finally decided it's time for a streetonomic review of Primerica.
They also get to represent some companies as shown in the image below: No matter what they try and tell you, all this means is that Primerica can sell these products for commission.
This is how financial planning works, you get licensed, and you sell financial products.
They recruit and pay their agents through a multi-level marketing system.
If you've met a Primerica agent, then you've probably been invited to see a presentation so they can recruit you to their team Before you look at the Primerica opportunity, you should ask yourself one important question. If the answer to this question is no, then Primerica is not for you.
Make sure you fully understand the products before you buy them yourself.
It’s too easy to get excited about the opportunity and jump into an inappropriate financial product.Having said that a real financial planner would know that one strategy isn’t right for everyone.The video goes on to tell us how great Primerica is, because it was voted on a list 4 years ago, and it’s a public company.This post was originally written in July 2017, upon more recent reviews (April 2019), we found that several links were removed.We have done our best to replace the bad links, and keep the post in tact.They claim to offer you the chance to own your own business. Ironically if you join MLMs such as Primerica, you are not a business owner, you are an independent contractor.You are a commission based salesperson for the MLM business.If you find any problems, please tell us in the comments section.A good reader experience is our primary goal :)Since writing our review on World Financial Group, readers have been asking us about a similar MLM called Primerica.This did sound interesting because financial literacy is something which we think is important.Then we hear ‘step 2’ in their process, ‘we get you protected’.