Posted by gus on August 20, 2010 at 09:09:05:
In Reply to: Re: Re: Re: Re: Re: Re: Re: Primerica works if you work it! posted by gus on August 19, 2010 at 12:52:16:
Not just an opinion:
: Let me tell you that primerica is very misleading. I was an agent for 15 years, reached RVP and got the ring. Some things came to light recently that lead to my resignation:
: 1. To have the best contract you must be (FULL - TIME).
: 2. RVPs (best contract) must open and maintain an office at their own expense
: 3. 2 year no contest period if you leave (they are NOT your clients)
: 4. RVPs can NOT be employed anywhere else even if it has no conflict to Primerica business.
: 5. Captive products - Term is expensive! 27 yr old Female non tobacco, 750K, 20 yr term. Primerica - $67 / American General - $26
: 6. Declines or rated policies leaves the clients NO options.
: 7. ONLY 1 annuity product.
: 8. Must hit certain number every month as RVP or LOSE that production.
:
: I can go on and on but isnt that enough?
: I dont hate Primerica, they have helped me become who I am today BUT at a very high cost. The good news is I got out.
:
: They breed on control:
: -Everyone else in Financial services are crooks.
: -Everyone with a job is unhappy.
: -Primerica is different from other MLMs
:
: How much money has ANYONE really made when you net out expenses (office, seminars, retreats, Tshirts, gas, etc.)?
:
: Look at this link:
: http://www.freecourtdockets.com/docketsummaries/Shane-E-Perry-and-Dannene-L-Perry-1-10-bk-16295-California-Eastern-Bankruptcy-Court-Docket-Case-Summary-78848.htm
:
: They are the poster children of Primerica and they are financially devastated.
:
: People are after "the dream" in Primerica but the sad truth is most people are living the nightmare. The majority of friends I have developed in Primerica are RVPs and heroes of the sales force. They are living a lie. Barely able to make office rent every month, creditors on their back, no savings BUT having to sell the dream every week at the opportunity meeting while they are starving.
:
: I got tired of living a lie.
:
: PLEASE keep an open mind and see what else is out there if you want a career in financial services.
:
: Last thing: Ask yourself this question - If Primerica is so good than why doesnt anyone come back after they leave?
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