Posted by Enrique on December 06, 2003 at 16:21:06:
In Reply to: Re: Re: Re: Re: Re: Re: Career change posted by George Simpson on December 06, 2003 at 11:14:36:
"Granted not all of it's income comes from internal consumption but most comes from new recruits and their warm market....... People that join do not pay their upline directly BUT in most offices it is customary for the upline to write the insurance on the new recruit. Therefore, the upline gets the commission. Some offices even insist that the new recruit not write their own business. Don't even mention training reimbursements because 99% of the time they just don't happen." I dont know where you heard that, but let me address it. 1) There is no way for you to know what all offices, or even most offices, at Primerca do unless YOU have travelled to them physically. Therefore, I will start off by saying, you are... shall we say ... talking out of a place on your body that you should not be talking out of. 2) NONE of Primerica's income comes from internal consumption. You said "Granted not all..." This is a correction. Its NONE. 0. Zip. Nada. You pay $199 for your Life Insurance Training Classes (OH NO! They dont pay for your classes! How Evil!) But they reimburse you that $199 after you complete your 6 training sales. In any case, however, that money is paid to the company, NOT YOUR UPLINE, and it is used for YOUR training. 3) IN MY OFFICE (a place I am qualified to talk about because, you know, I've actually been there) everything you've said above is - false. a) If a new person has a license for the business being written, they get the upfront commission, otherwise, the trainer MUST write the business cause, you know, its like illegal to do it without a license. b) The residual comissions (renewals) are transferred to the new person as soon as they get the proper license, again, because it would be illegal otherwise. c) As you are so fond of pointing out, Primerica recruits a lot more people than a traditional firm. Not everyone that joins makes it through the training and licensing program. Why? It has -0- to do with Primerica, and 100% to do with the person quitting. You seem to want people to think that because a "quitter" joins Primerica and then quits, its somehow our fault. If you DO complete your training and licensing, and do your 6 training sales, you are reimbursed - PERIOD. There are no exceptions in my office, and from talking PERSONALLY to people from other offices in my area, there are no exceptions that I know of anywhere else, either. I really dislike people who say patently false things to the public just because they are dissatisfied or have some personal issue with the company. I dont mind if you dont like the company. I do mind when you misrepresent information to others about us, however.
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