NEVER annuitizes! Tom Hopkins is my favorite, but pick an author in B. Daltons in the sales section. Its funny because we have people in our company with a lower level contract that make more than some people that run an agency. . I do not have to give my trainer my first 5 or 6 sales in order to learn the business. This is something lacking in cheaper term. My priority was church, so I did not take the 3-4 hours 3 nights a week my upline encouraged to commit for me to build a solid part-time job with Primerica. Exactly what does th issue with todays mortgage crisis have to do with someone who has a health situation and high health care cost? @Becky You cant get the full license, so you improvise. You will not keep clients, they will jump since you feel you do not give them value for thier money. Now I know you may say what is a couple days. -. this is because when they bought the insurance part of the business, they did it cheaply and did not do all the work needed. I feel that_______. Tom PFS is different than ALW, read the books Coach Art Williams and Tearing Down The Walls, Sandy Weill. go ask your bos why he recruits or hires massive employees? Please consult with your Primerica agent. Finally he left them and went with Primerica. Each college degree aligns with students' different personal interests and professional goals. You can go to citigroup.com and see that. That was just for a little fun. Then theres the fact the over rides have to be paid. Tom do some research. I am not here to attack you. I love recruiting and I am good at it . YOU ARE THE SMARTEST AND MOST UNDERSTANDING PERSON ON THIS PLANET. Ask any competent adviser. That is not what life insurance is intended for. I have a couple of friends who are in the company, and I too have mixed feelings. 2. If you do not believe me, look at social security. This would be another way you are cheating your clients. The only problem is you are playing magician. But the company here doesnt play if you do anything wrong for a person or anything wrong thats illegal you get terminated. Primerica teaches about dollar cost averaging. . And term is around 10 years? invest the difference in the same mutual fund you would have picked except they -. From Primerica Financial Services Basic Agreement. Since Bill Just wants to attack, he must be one of those insurance agents that are losing business to Primerica Value. I was intrigued by Primerica because, having worked in banking and currently working in the brokerage industry, I understood that they were offering a valuable service to their clients. Guess how much pfs pays to use the citi name how bad does pfs have to milk that too its so funny well whatever helps your denial keep feeding to each other. wants a 250,000 term policy guaranteed premium and convertible for 20 years. But would you rather have an informed one. WMA had to close down, but then they jsut created WFG. Found out it was accidental insurance, and the guy died of a heart attack. Thanks for contributing so much info about it it sounds like it is working well for you and you brought up a few things I didnt know. Im giving you the benefit of the doubt that youre quite resourceful but you may have not come across certain particular concepts and realities in your business savvy. He families lifestyle demands that he makes money to pay for the house they live in, the cars they drive and the life he gives them. Perhaps you are not impressed with the opportunity, but what if you had been looking for something else, or what if you were looking for some help with your finances and didnt know where to turn and all the while your old boss could have helped but never tried to approach you. The only problem is that those options are only good for the agents not the clients. This is natural and understandable. Everyone can see that Tom is like that snake oil salesperson and provides us with a very nice dog and pony show. You could be truthful or a liar. Accidental and Cancer are both worthless since they do not pay out often. I believe in Mutual Funds. They are idiots. But then again Primerica can do the same thing, but when it came to investigations, Primerica will not have to worry since all the new laws that are going into affect, they have been doing. Do you want your love ones to have to deal with that and more head aches? I had one company selling my company toner that was local. You must be careful what you say since the truth comes out.-. (Those that make their money on unsuspecting victims, thinking letters behind their name means they are smart). Do you tell your future clients that you failed to lead a group to success and blamed the company you represented. Just understand in most instances (nothings 100%) I can replace your program, but you cant replace mine. its not too long thanks for sharing I would love to hear how things go after your appointment or after you work for primerica for a little while. Now ROP is a choice not the end all and be all of a real consultants arsenal. Our marketing tools are constantly being updated to show current third party raves about Primerica and our dedication to helping the middle class. You do it like this. Your upline may not have any problems with ethical violations, but Primerica wants to keep everything above board. How else can you help a client preserve the estate for his heirs? Which is a better way to find out if this is for the person? Wanna know why some people dont make it? Others might feel the need or want to go into those subjects. If you want your children to start saving money from their job. If you want your name to mean more than cheap products and less value, please work for him. If that is a scam, then lets call up Sam Walton and tell him that Sams and Walmart are a scam. 8. long term care insurance. I am in a highly regulated field by the state DOI. Sometime I agree. From Primerica Financial Services Commission Agreement. There are also some complaints about the poor presentation of some meetings done by some RVPs. They stopped doing auto insurance since then. Most businesses have a similiar clause. This is not a 2 year deal or get rich quick opportunity even though few of our offices may be portraying that way. If you an insurance policy when you are young and healthy, you have several advantages. Most of the time their full-time job does not allow them. It is how most sales people make their money. It seems Michael will only approach in areas that he thinks he is right. I will admit at thsi point I dont have a clue what it takes for ownership at PFS, but I now its not immediate. I am not naive to think that they are doing this out of the goodness of their hearts (public companies that large typically have one thing on their minds: putting money in the shareholders pockets). Remember that they did not need to sell it through a brokage firm, but did it through the reps. Mostly being bought up by them. So please, enlighten me as a non-Primerica yet open-minded person what is stopping you from joining? I am not a better man than you. Sneaky things agents will do to cheat, lie and steal from their clients. Is that how you handle your victims questions. 3. Last but for sure not least, critic me on some of my God comments, if you know of Him. Most Insurance companies charge for this, Primerica does not. You need to go read and understand your craft more. This proves a couple things: But here are those questions that will check your honesty. . The levels described above are the commonly used in home and small business NAS devices, but there are several other RAID levels, including 2, 3, 4, 7, and 0+1. Is there another way to get into this business without spending alotta money or going to school for 2 yrs? They just dont have any value proposition that appeals to veteran agents. Their commission schedule is too low. Their oversight is too onerous. Th If you lay down with dogs you will get up with fleas. And then what about the referrals? It runs a minimum of $1300 for her and she is a captive agent. Tomas, el burro sabe mas que tu. What I think is brilliant with Primerica is that their goal is to help their customers use their existing income and shift things around freeing up extra cash to fund retirement and other savings goals. What is your cut if they decide to go with Cash value? They are adults and they can make their own minds up. I know many 60 to 70 years are working because they played when they were younger, and have to work now. 3)A big attraction to Primerica for clients and reps is that it gives it clients and reps access to high yielding emergency fund accounts and investment grade vehicles for as little as $25/month making it theoretically possible for anyone to invest regardless of their economic situation. It seemed to me at the time that after I sold mutual funds to all of my friends and aquaintences, I was pretty much out of leads. You may feel this is not money hungry, but anyone reading this, knows it is. They would see a company that was taking its jobs over seas and then not buy from them. I guess you need to proof read yourself. I can assist in helping people get mortgages. Last night I saw your program on TBS the three stooges with Tom, Tom, & Tom. Ive analyzed this company from every angle and sure its not perfect but compared to ALL other part-time opportunities out there this cant be beaten. You yourself said you never joined them, just looked in form the outside. Read the article.. This is one of the biggest reason you want to RUN from PFS. I am a client with more knowledge than some ex-agents and people who think they know more because they were approached. Prime America with its own ticker symbol? I was somewhat intrigued by what was presented to me but was cautious about the opportunity. So i get a stupid 18yr old and sell him/her the world. (Car wrecks, Pensions, E and O.) It proves that Michael could not lead. Just like your posts about what Primerica does, you do not have accurate and up to date information. At some other point someone seems to think that ROP is taxable They all said what I said. And the fun thing it is up to them. The main thing that attracted me to Primerica is all the damn smiling faces!!! A person can get a commission contract the same or better outside of PFS. If the Rep screws up, PFSI will separate themselves very quickly from him or her. Again, some carriers have ROP select a term to meet your clients needs. It is funny that You blame Primerica. I know a lot of people are very passionate about MLMs one way or another, so if you comment please keep it civil. conversion.. ***Tom im going to give you the last word on this, because..well just because.. We make money both ways. ( The biggest is AIG. wait heres another on, can agents be rolled back down to a former position/commission level at PFS? Now we are on the only thing that you can offer, a CHEAPER products. Saying anything different is just blowing smoke and trying to confuse the issue. Have you ever figure out how many policies go the total term, now that it is 30 years? I never worked for them however I did talk to them about being employed there. Background check. The counselor gets a commission for every financial product they can talk someone into buying. They are all transportation. If you took the difference and got a low return of average of 8% you will have more money than if you paid for the extra. People can search the internet for information now. One of the salesperson said it was stupid to have term, and Cash Value is the only way to go. You tend to bring up issues in your own mind and say others are in that thought process. Since Whole life is the most expensive form of cash value the cost will huge. It will not be worth what they are going to try to sell it to you, so why have it.You mentioned if they have to qualify for the insurance medically. Does the agent refer the client to another agent? So Michael I have debunked your companies and explained how they can sell it for less. Are you going to ever admit you were wrong there as well as many other places. 7 Loan origination License. Read the article. Kinda funny how its the number 1 global equity in canada for 2008 averaged 15% return int eh past 5 years, peopels money double over the last 5 years thats a bunch of bull what you said becky, maybe their seg funds arent that good but the mutual founds in canada are killing. If you give people an outstanding product, excellent customer service, and the product that meets their needs not by you own omission wanting to win, myself as a contractor I would not want to be captive I would want to sell Lennox, Trane, Bryant, Rheem, Carrier, American Standard, etc. You are not even a better version. The five security levels in the federal prison system are minimum, low, medium, high, and administrative. My father-in-law had a similar situation, but I dont know the specifics. And he chose these companies. I do know that you focus on price, and that is why you sell that way and you are comfortable. But then again, I can only bet you are directly related to Bubba, Michael , or James. But you would not cheat yourself or family (I hope). You said you will quit if you ever find out that you are not doing the best for the client. LOL.. You are saying that no one will need life insurance for that long but that is because you dont know estate preservation strategies. Micheal may think they are the best thing since sliced bread since he thinks price is the only thing that matters. Fact Primerica has 6% of the face value with 2% of the Premiums. Since Money is the number reason people get divorce, and Primerica helps with that. Annual Reviews of my position. By the way why do they need to pay for something that is not needed? One reason: Firms study their REAL competitionif our firm wasnt a THREAT to their own business and customer retention, they wouldnt even know we existmuch less know about the products we have and our compensation plans. If you work for Primerica you will too. And since you are on this estate preservation plan, whos estate gets the money that is in the policy? I just love showing how moronic the people who post against Primerica are. Life insurance is not a savings/investment plan. Thanks for sharing you make a good point about pyramid schemes if you draw the org chart, it would appear that most of them are a pyramid and I find it encouraging that you say that you can make a living with Primerica WITHOUT recruiting I think many people abandon the idea because of the recruiting It is good to hear that you can do it without. How many hierarchy levels are in the organization? And the no-compete clause I know some other companies have them and I dont necessarily think it is that big of a deal, but it is something to think about when planning your career dont you? Like going to the show store, buying a pair of running shoes and getting only the left one, who would sign up for this? I mean you are the agent, show us your knowledge. Well, by your example, Health Insurance as a benefit is bad. Your way is you are always looking out yourself. I mean, if they think youre good enough to work for them, why wouldnt they just hire you as an employee and pay you a salary and benefits (for say 6 months to a year) to help you get off the ground? What do I lose? Which one is it? Did you hear how they were spending the bail out money, on bonuses and parties for their management. Making money is not easy, but if you work at it, you can make excellent part time income, ($20 to $50 hour)and even better full time income, $100k. But what would you call something that gets you from point A to Point B. You are correct, but let me ask you this question. Did the person who trained you on the job on A.C. Repair show you all his tricks? I suggest you do the same. Two people, outside of myself, broke $20k of income, and another broke $12k of incoem all three were previous PFS RVPs that I hireed after I left. Come on of all things I know you are tired of we have to agree on chargebacks .. for those that dont know what a chargeback is: the agent turns in the paperwork to Primerica and is immediately paid . Since your lack of knowledge is evident here, How are we to trust your memory. Compare Primerica With Other Life Insurance Providers. It was not the big financial institutions, they require you to have large amounts of money to invest. Well you are wrong here so much let me hit on the answer. He was commission generated. This means it is not as viable as companies that have posted a gain. You build up a strong leg and give it up so you can do the same? If you arent interested in the products, services or the opportunity its no skin off of you or your former boss teeth, at least you have the information, what you choose do with it is up to you. No. He must have some product that he has investigated that he has some great deal on. Citigroup Reaches Agreement, in Principle, to Settle Certain Auction-Rate Securities Claims Once you become responsible, then you need to devote your full focus on the business. That is what they teach in those classes. He is a very rich man. Kudos to you Dave, and Im sure that you have much more success ahead of you. Would you give up 10 people to gain 100, 1000, 10,000? Most people that were in the market would say youre giving me a job, sure when do I start. I knew something was up, because I have no kind of financial experience in my work history, and when I mentioned this, he said that my background showed that my experience in the manufacturing industry showed that I had good comunication skills, even though nothing in the resume would have necessarily implied as much.