Re: Primerica and other MLM's

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Posted by Chris Streling (65.42.187.33) on July 27, 2003 at 19:55:56:

In Reply to: Primerica and other MLM's posted by Chirs Streling on July 26, 2003 at 18:40:48:

: Why are people so hard on Primerica reps? I read an article today that slammed Primerica for being an MLM. Tell me, what organization isn't an MLM. Especially in the insurance and investment field. Most companies do not do business direct. They have brokers, and sales managers. Everyone gets a slice of the pie. I do not like to see people working part time in this industry, but there are some very well trained and professional people in the organization. I have considered joining Primerica, especially recently as I resigned from ING. Think of the management opportunities, people are in and out the door all the time, millions of mutual fund and annuity dollars to be reassigned. If it were not for my current pride, and fear of judgement from friends and family in the business...my business card would probably say Primerica. Anyone here from Michigan interested in starting our own organization, or anyone who has and looking for good people please email. God bless.


One other thing I should mention, that seems to appear consistently is the use of proprietary investments (smith barney funds), the high cost of their term insurance, and loan fees. I have never taken time to compare them, but hear it often from the people thar slam the organization.
For those who questioned my experience, I have been in the financial services business with Lincoln National and ING for 8 years.



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