Primerica never paid me a commission that I deserved.

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Apr 23, 2008

Primerica complaint by Klm

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Primerica never paid me a commission that I deserved.

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I started training at Primerica in 2006. My trainer said that if anyone I set up an appointment with took out a mortgage loan, I would recieve a small commission.

Well, I sat up three appointments and one of them went very well. It was my own Mom.

My Mom took out a new mortgage loan through Primerica and I think part of the reason was that she trusted me.

Too bad I trusted the wrong company. I quit because my husband got transferred to another state. I told them to mail my commission check.

So far - NO Check! 04-23-2008

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Comments (13)

1. Written by RVPsucker, on 30-05-2008 15:04

they make you take that 6 training so your upline ( trainer) can take your commissions and your warm market.

The company I work at now leaves all commissions for the agent. NEVER does the trainer get the commission that was suppose to go to the agent.

THAT IS WRONG.

get your own clients and STOP stealing them from your downline!

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2. Written by ex primerica rep, on 30-05-2008 14:59

WRONG

you do get paid on smart without license, and PPL its only products you get paid on before license.

I am in Canada and its how its works here

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3. Written by ex primerica rep, on 30-05-2008 14:55

The agent that was training you probably placed the commission in his name.

My story and training.

I had my upline who was teaching me, wrote the exam 6 times before passing, got me to make a list of all my friends and family.

Then came to my house to book in the meetings, she could not book any, then I asked if I could book my own meetings, first 6 people I called I booked in.

First meeting we went to:

She did her presentation and gathered all the peoples information and when asked questions she beat around the bush.

went back to that client 2 days later with the FNA done. ( btw anyone can do this even my 8 year old son)

They decided that they didn't want any products and where happy with what they wanted. She became really cold to the people, and when we left started cutting them up.

First warning sign.

2nd meeting

she did a $60,000 rrsp loan

did a $250,000 smart

and a $500,000 30 year term.

Now these people did it because they trusted me and thought where helping me out. Guess how much commission I got.

yup you got it ZERO

When I first started also she told me I should be my first client, and so I did the FNA and I did rsp loan and got insurance and a smart loan, guess who got paid,

yup you got it NOT ME!!

When I got my license 2 weeks after I signed up, I stop all training with her especially when she said to a client " you know if you don't get this product and you die your kids will hate you forever"

It took me 6 months to get all my clients transfered to me. WHich should have been done right away.

When I started training people I did in a different way. I held out on the signing of all contracts until the agent got license.

THE ONLY thing I did sign right away was if the client had ZERO insurance and I didn't feel right leaving with no insurance on the family.

I was always in the best interest of the new recruit and not my own pocket.

It is why they say, when your down hire someone else, and you will get back up. hmmmm because you steal the commission from those poor people.

SO to answer your question you probably will not get a commission as your uopline probably took it!!!

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4. Written by Mark, on 25-05-2008 21:25

I believe this was all a result of miscommunication... YOU DO NOT RECEIVE COMMISSION UNTIL YOU ARE LICENSED. Being that you said your "trainer" said you would receive commission, you were still in the prelicensed/training phase. If your trainer really told you that, he was wrong. However, as stated, had you paid any attention during your meetings and seminars, or maybe had you attended, this would have been made clear. This is even stated in the whole interview/orientation meeting with your RVP or other upper level representative. Now if you WERE already licensed, that was a personal unethical issue dealing with your uplines. It doesnt say you actually spoke to them about it, just mentioned you told them to mail it to you.

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5. Written by big t, on 22-05-2008 01:17

i rolled over my ira last month and i havent got paid yet either...i know my rvp got paid already though... and jmj i didnt realize that if you didnt have your life license you wouldnt get paid.....they really hit your hard at first so you dont realize what the *** hit you and you dont know what questions to ask and you dont know what you dont know......

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6. Written by Ms., on 17-05-2008 00:05

Ditto!! i just joined the company and clearly you didn't pay much attention in your trainning cuz if you would have done so, you would know that your first Kt appointments are solely for practice. Once you have received your license thennnnn you can collect commission.

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7. Written by JMJ-0132, on 13-05-2008 15:03

did you really deserve it if you quit? if you you quit your saying you don't wanna woork for the company anymore then why get the check? YOU wasted your time.

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8. Written by MR TERM, on 07-05-2008 11:53

Well I guess those Smartloans were no so smart? Wall Sreet Journal may 6 2008 Vikram Pandit your BOSS calls PFS a peripheral WOW! in will be sold in the next few Months. Man can you see the writing on that wall .....