Anonymous
map-marker Copperas Cove, Texas

Primerica Financial Services | CRIMINAL OPERATION

Primerica Financial Services is being investigated on Fort

Hood for ripping off Soldiers.

Before giving them any of your money make sure you check

with the Fort hood consumer affairs office.

The Killeen Fort Hood area is ripe with scammers like this.

New technologies open up many possibilities for criminals to carry out traditional financial crimes in new ways. One notable example is "˜phishing', whereby a criminal attempts to acquire through e-mail or instant messaging sensitive information such as passwords or credit card details by pretending to be a legitimate business representative. With this information, the criminal can commit fraud and even money laundering.

Thank You to: New York Army National Guard U.S. Army Cadet Command (ROTC) U.S. Army Family and MWR Command U.S. Army Fort Carson III Corps and Fort Hood US Army Fort Bliss

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Loss:
$250
11 comments
Guest

I too was fooled by the smooth talking, promises of a support by an agent. It is a cruel company that want to suck your family and friends into a financial hole by someone they trust and love that person is you.

Don't bring your family into this mess don't destroy their lives.

If it sounds to good to be true it is. Cons at their finest.

Guest

Prime America and Primerica are two different companies! If you do not even know what company you are referring to, then you really must not have a valid complaint!

Guest

sounds like alot of people are not happy with this company would like to hear more about what and how they have affected you thanks !

:( :(

Guest

Agents from this company sell their term/adjustable premium whole policies as if they were traditional whole life and then their clients end of with monthly payments in the hundreds of dollar range because they were misinformed. This may not be criminal but it is unethical.

Guest

About the soilders just so you know are people who fight for our freedom so you suck it up because I bet you could never go overseas and deal with what the soliders. You would be crying like a big sissy baby to go home.....

I pray every day that my family that is overseas make it home. Suck that up!

Guest

I'm a representative of prime america and I have been in the company for a year now. And c the problem is people don't want to realize up have to crawl before u walk.

Meaning people don't want to put time and effort into working for themselves rather than always trying to get rich quick. Honestly it don't work that way!

As I state before Im a representative and I make 500,000 or better each year and no I never take advantage of anyone. Maybe u just had a bad experience.

Guest
reply icon Replying to comment of Guest-312335

You say you have been with the company for a year. Hmm...

Then you say you make over 500,000 each year.

Yet you do not make money for the first six months or so. Don't add up.

Guest
reply icon Replying to comment of Guest-973089

NOOOOOO IT SURE DOESNT LMBO

Guest
reply icon Replying to comment of Guest-973089

I made money within my first month. LAZY PEOPLE do not make money for 6 months. :)

Guest
reply icon Replying to comment of Guest-312335

less than 1/10 of 1% of all reps in their entire 40 year history have exceed $50k during any single best 12 month rolling period, including advances, but before expenses.

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Anonymous
map-marker San Antonio, Texas

Primerica is a credible company!!!!!!! They are not scammers!!!!

Okay, okay......I have read some of the reviews about Primerica. First of all, if you really want to know something about Primerica, look on their website, www.Primerica.com. This company was started in 1977, has over 100,000 licensed representatives, over 25,000 licensed mutual fund reps, AND is now listed on the NYSE under "PRI". This company is very sound and stable financially. What they do for people is real and life changing, and the money the reps make is for real. What Primerica does is not too good to be true, it's just everything else that is out there is to bad to be believed.

What other financial institution will let you come work for them on a part time basis and make *** good money, give you a financial education and let you help the middle market get ahead financially?

This is a licensed and regulated business, not a pyramid, not a scam.

It is unfortunate if others that have joined were led astray. Primerica do not charge a weekly fee for anything per meeting, you are not required to purchase business cards with your 'supervisors' name on it, etc.....

When you join this business, you are in business for yourself, but not by yourself. The agents are fully licensed and trained. The ones that do not make money are the ones that do not work and then bad mouth the company. The only way you can't be successful in Primerica is to not to do anything. The money is there to be earned, and the good thing about it, you get paid well for helping others....you can't beat that. The reps/agents are paid more on a part time basis that most people make on a full time basis working a 40 hr job. Who have the nerve to complain? Take the time to educate yourself on this company, talk to the person that is trying to get you involved, talk to their RVP, hang around and get your licenses, go out on appointments, do what's they tell you to do and eventually you will be fully licensed and trained to run your own business. Stop tripping!

If you are invited to be a part of Primerica, you should thank the person that invited you. They are actually paying you a compliment and is offering to you a lifetime opportunity that you can't get anywhere else.

I am a District Leader with Primerica and I am very proud to be a part of this company. I will make a difference, I am not brain washed, I get PAID. I help others, I do the right thing, everyone in our office do the right thing for people. How would the company survive so long if we were doing the wrong thing? We don't advertise. We are a business built on referrals. If we weren't doing the right thing, how did the company get so large? Why are we so productive? Why are we the largest life insurer? Why didn't we need a bailout like some of the other companies that are filing bankruptcy or are no longer around? Why are we on the NYSE? Get educated before you speak about something you don't know about. Again, if you had a bad experience with someone in Primerica, blame it on that individual, because that is not what the company is about.

It makes me so angry to read when someone has taken advantage of someone and make our company look bad. But, I can say this.....time will show the real story and who Primerica really is.....

I am from San Antonio, Texas and part of the DELTA FORCE team. I am very proud to be with this company and wouldnt have it any other way!

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19 comments
Guest

Easy to see that some of Primerica's competitors must be pretty pissed and try their best to damage the company. Do your own research from reputable sources.

Guest

Stop using another people to make money. Primerica cant be trust.

Guest
reply icon Replying to comment of Guest-801658

so who do you work for and is making a paycheck off you working for them? lol

Guest

"go back to YOUR 9-5 and be happy with $10 an gour. Oh sorry, you might be getting paid $20 an hour, if that makes. Hahaha yeah right, have fun.

Please don't talk about ignorance when you can even spell right, okay thanks." :cry

Wow Primericans are so superior to everyone else, but also ***

Guest

No, you^^r ignorance is amusing. I like how you misspelled so many words...let me help you out

It's amusing to hear the ignorance of those people who were in the business and didn't make it, it's BEcause didn't work. This business is only for those who want to make a difference in other people's lives as well as thEIR own. Society still needs average and ordinary foLKS. Go back to YOUR 9-5 and be happy with $10 an gour. Oh sorry, you might be getting paid $20 an hour, if that makes. Hahaha yeah right, have fun.

Please don't talk about ignorance when you can even spell right, okay thanks.

Guest

Primerica is a huge fraud and a joke. To show you how low they really are, just look at all the phony "positive" postings and fake promotional websites (appearing when you search on terms like "Primerica scam" or "Primerica fraud") - what credible company would resort to hiring shills to spew this garbage, which fools no one (except, ironicially, those with a low IQ, who are exactly the type of material this racket feeds off of).

Guest
reply icon Replying to comment of Guest-265924

Like who are you to speak so low on a company that is the safest thing for your family .if you had anything to do with primerica once upon a time ,the only reason why your talking so bad about it is because you couldn't do it right so your trying to bring others down with you

Guest
reply icon Replying to comment of Guest-265924

your have a low IQ, i pray for yours to get better.

Guest

In 2001 I graduated from the Toronto School of Business. I took wed site design and e-commerce. One aspect of our training focused on extensive professional skills training in class and in groups for over two months. Our teacher was very professional and gave us a set of tools for evading unprofessional establishments.

Although web design did not pan out as my career, I fell in love with the horticultural trades and landscaping. I have worked over ten years for other companies small, med and large. Currently I have started a service for seniors called snow blowing for seniors. This is how I met my recruiter. I did a massive door to door campaign single handed. The recruiter was impressed by my knocking on doors style. Granted I did encounter a lot of no thank you's and worse. I canvassed six towns from low income to upper class millionaire's homes. I have about twenty customer's since the summer and have not had to work for my former employer.

The recruiter I met basically wants me to make a list , get licensed about two hundred dollars for the test etc, and bring five people to these meetings each month. You get instantly promoted for doing so.

hmmm

In short I help seniors stay in their homes a little longer. I charge twenty percent less than most other landscapers and everyone of my clients is happy with my work and what they are paying. I told the recruiter that what it would take to make be a believer is to talk to a senior that has been helped by pfs. I want to hear the clients real life testimony. So far after all the leather jackets and gold rings and plaques on the walls I am not seeing the proof I need.

I have vowed that if this is a scam I will tell everyone I know to avoid this. I cannot believe I am considering this again it's just my recruiter has been well trained and does come off as very sincere and successful at this.

So if you are a client and pfs has helped you to retire at 45 please I'd like to know.

Guest

I really want to know the absolute truth about this company.

I was approached four years ago by a recruiter. Who kinda got frustrated after spending so much time with me and I told her no thanks.

I am not an educated person by any means. Creative yes, Hard working yes, a little gullable yes. Overly optimistic yes. For me the proof is in the pudding.

However after reading some of these posts I am getting the feeling that there is something fishy but don't know what. I mean if so many people have been helped who are they. I would find their testimony more convincing than any agents.

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Anonymous
map-marker Reston, Virginia

Sold me a $20,000 term life I wanted a $50,000 whole lfe. paid them for 7yrs7months

They suck. The agent was a liar and a cheap.

2Months after my husband passed. I requested info on whole life Ins. What I got and what I wanted were two different stories. Got a letter of conformation for policy, but never received one.

Called and they said it was on file. I wanted a $50,000 whole life, but have been billed for $20,000 for term life. Realized tody went and Ins. reveiwed my Ins.

Then told me, what I been paying for 7yrs and 7 months was term life.

What a shocker!!!!! The lying *** It was Priamerica life Ins

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13 comments
Guest

Why would you want whole life? Have you really looked into that trash?

Besides.

Term is the way to go, if you listen to your agent, you will be self insured with well over 50,000. Be real, don't put dumb complaints out there.

Guest

To Lee, the insurance salesman: You are comparing apples and oranges here. You are trying to say premiums are equal with a 30 year and 20 year level term. They are not. That's the first deception. You made no mention of age either. The 20 year term would have been substantially less with Primerica in any event. Put that all together and investing the difference in mutual funds would wipe your plan out.

Second, the fact is, 90% of whole life policies have loans on the cash values. Oh, you forgot to mention that people take loans out of their whole life insurance policies all the time to buy TV's and many other things. But, then, if your client dies, that loan is subtracted from their death benefit when they need the whole death benefit the most. Bad choice. And, when an insured dies, the cash value is stolen by the insurance company. Did you tell your client that the company keeps her cash values and her family doesn't get the cash values when she dies?

With Term and investing outside the policy, no loans are necessary. And, when the insured dies, the family gets both the full death benefit and the investment, all of it!!!

Trying to scam people into buying whole life simply does one thing, pads the agents bank account, not the clients.

Guest
reply icon Replying to comment of Guest-565134

less than 2% of people having a term life policy ever make a claim. most cancel it when renewal time comes and their rates go up to $400+ per month.

Guest

*** indian :P i them :(

Guest

When comparing some of the "great" term policies by Primerica, you find the cost is similar to a whole life with a term rider attached. But what happens when you invest the difference? I compared a $275,000 term 30 with Primerica and the premium was $54 a month. I then built a $25000 whole life with a $250,000 term 20 rider because she does not need the term forever, for $60 a month. in 20 years with primerica that $6 bucks a month invested for 20 years at 5% was worth $2800, with her WHole Life,the guaranteed cash value was $5800, with dividends it was more like $11,000. So tell me what Primerica would invest you in to return you higher than that.

Why would you need a life policy to help you save money? well for example you deal with your typical middle aged family and they go buy stuff they dont need all the time. How are you helping them get out of debt? People are not going to collapse their life policy to buy a TV however they will tap into their investments to buy a TV. So how much further ahead will they really be by buying Term?

Be interesting how you guys do estate planning with costly term policies to old business owners as well. A well positioned Whole Life or UL early on in life is a god send for estate planning.

Guest
reply icon Replying to comment of Guest-390001

You neglect to say what you invested the $6.00 a month in. I know it is not mutual funds because you can not buy into mutual funds with $6.00 a month.

(minimum $25.00 per month per fund position with Primerica options).If you did invest in mutual funds, which one(s). Your math seems a little off to me but again I do not know what you invested in.

Guest
reply icon Replying to comment of Guest-390001

What age was that whole life Calculated on... Because I'm age 30 and a 250,000 whole is way more that $60.00, unless you did that calculation on a baby....

Guest

My father had a Primerica term life insurance policy. He passed away in 1998, and his representative showed up at my door with a check. I had to fill out one paper. No hassles at all.

My dad had another policy for his wife, but it wasn't a Primerica policy. She went through a bunch of *** collecting on it. They ordered his medical records, questioned the coroner, tried to deny the claim twice. It was ridiculous.

Primerica did try to recruit me. I've seen this marketing method before with Amway and Cutco so I didn't ***, but I did learn so much from the representative, i.e. the rule of 72, compound interest, etc.

A Dean Witter rep. came by with the same information. I invested with both companies. In 2000, I lost ALL of the money that I invested with Dean Witter due to faulty advice by a rep. that was looking for commissions.

I still have some of my money invested with Primerica/Smith Barney funds. They've done nothing but grow since 1998. I took some out in 2008 to make some other investments. Again, no hassles, at all.

I do know that Primerica does NOT sell whole-life policies, or at least they didn't back then. You must have run across a real *** that sure didn't put the company in a good light. I'm sorry to hear about your experience. I'd be ticked off if I learned that my policy was something completely different than what I thought I had.

Just wanted to let you know that most of the people that you'll deal with in Primerica are pretty decent.

Guest

Well known as a fraud and a scam. Stay away from this MLM fraud at all cost!

Guest
reply icon Replying to comment of Guest-322699

I beg to differ with your opinion. Primerica is neither a fraud or a scam.

They sell real products to real people.

As with any company, you can not keep everyone happy. It is easy to say a company is fraudulent or perpetrating a scam but you offer nothing to back it up.

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nextaxpro D
map-marker Xian, Shaanxi

DO PRIMERICA RVPS TELL YOU ANYTHING? DO THEY TELL YOU THIS?

LET'S MAKE IT SIMPLE for those who do not read have time to read all of this expose for the present. THE TEN COMMANDMENTS FROM PRIMERICA'S VIEW:

Would you work in the following scenario? You go to work in an office after being told "you really fit this position. And it will be easy work, you will have lots of time with your family and you will make a tremendous amount of money".

Firstly, you are told you will NOT be paid until you obtain a license. You say "nothing was said that you have to have a license to work here. And, you already have my SS number". Well, you were finally told AFTER the sleazy one got you all excited about making 50000, 100000 or even more less than .005 do.

Secondly, you must "recruit" other workers so you can be paid. "What? What if I get five; they all get five; they get five? Where will all these workers fit? There's very limited space." You only hear: you must recruit, recruit, recruit.

Thirdly, AFTER you pay out of your own pocket for this license, you cannot earn money yet. "Why am I not allowed?! That's not fair. You said I can collect commissions and recruit after I pay for this license, pay for the preparation, pay the fee and pay all of my expenses to get it. I'm having to go to the homeless shelter because I cannot meet my house payments" or "I cannot pay my rent". You hear a bunch of lies. This is to cover up the fact that you are not allowed commissions for a while. You see, your superiors superiors? NO ONE whom is dishonest is superior to I. NO ONE. - this upline - knows that you are going to hear the truth about Primerica. You will become very discouraged, very, very quickly. So your "superiors" have to hold something back to insure you remain in the trap that they have placed you in.

Fourthly, you are told or may be NOT told and all the implications of that! that YOU MUST HAVE $25 STOLEN FROM YOUR BANK ACCOUNT EVERY SINGLE MONTH!!!!!!!!!!!!!!!!!! WHY??! This is such a great opportunity and you are in a 10, 25, 50, 100, 200 or 500 billion dollar company that you are in, depending upon how large of a lie your so-called superior told to you. You haven't seen a check for well over a month now, but you have to allow Primerica to STEAL - that's precisely what it is - from you. And they do not tell you up front. This means that you will be clubbed for $25 to Lord knows how much, depending upon how many checks you wrote that bounced as a result, how dishonest your bank is and the fee your bank charges per returned check presented.

Fifthly, you are NOT vested in any profit sharing plan after one year of employment in this supposed 500 billion dollar corporation.

Sixth, you are provided with NO life and health insurance after two or three months of employ, not even one with a large deductible. you are told that you MUST buy an insurance policy with this 500 billion dollar company!!! You must buy this policy as an EXAMPLE to all of your prospects, even though you supposedly have this secure job in an office where you are supposed to be making this huge salary and not have to waste $80 in gasoline per day trying to sway prospects and lying to potential recruits to get this downline!! You do the "hiring" for your superiors and they don't have to go to the expense of finding good help. But even though it's their fault, YOU still get the blame if your downline doesn't sell. And, in addition to that, it's not even the cheapest of policies!! Matter of fact, when you compare to other companies, you find that you are paying one of the highest rates!! Further, you receive no discounts!!! You pay retail in this $500 billion company that should be insuring you and your family in gratitude for your putting in 80, 90, 100 hours/week worth of work attempting to get more "recruits" for the company!! Worse, you may already have a whole life policy that you are trapped in. It does not matter. You are told you MUST buy a policy with Primerica to make a good impression on all those customers you are supposedly going to convince to come on the Primerica merry-go-round. No lead sheets from a professional marketing firm nor anything a quarter of the way convincing is presented proving that you will have good possibility leads.

Seventh, you can be demoted by your superior for any reason, including no reason. Your commission levels would be reduced, also.

Eighth, when you become sick and tired of being treated unfairly, you have NO RECOURSE. You cannot go to the Department of Labor for redress!

Ninth, the commissions you make in this "office" can be taken away from you. If your purchasers find that your prices are too high, they change their mind, a death in the family and a different CEO takes over - any of these things can cause you to have to take a "charge back" - which means you have to give your commission and overrides back!! You are walking, the gaiting, then RUNNING, faster and faster just to fall farther and farther behind. Ha! If you don't know how to do taxes, you had better become learned quickly. The company will not do your taxes for you and you will have to go to an enrolled agent or a CPA.

Tenth, you begin hearing that the prices of your companies product lines are too high. You do not believe it because you were told that we were the lowest. That's why you came to work for this glorious company. You begin doing your research in independent journals, trade journals, online, and so on and you find that ALL of your products are over-priced. Your company cannot compete. Not only that, you discover that your product line does not have the variety that your competitors have. Further, your line has some terrible products. WOULD YOU GO TO WORK FOR A COMPANY LIKE THIS? READ ON. THIS IS THE WAY IT WAS AT A.L. WILLIAMS, INC AND STILL IS AT PRIMERICA!

THE LONG STORY OF IT:

Bonnie ---, RVP, A L Williams, Inc - Primerica, whom I had met previously when she was marketing Huff Cook burial insurance, talked to me about a company that "offered a great opportunity through life insurance sales and asset repositioning".

Further, I could work part time and keep my present employ if I desired. Enthused, I worked over ninety hours/week; gave all of my time to

the company. Then, within ninety (90) days, Bonnie, RVP, demanded I surrender my Bureau of Insurance license because I didn't meet quotas!!

HMMMM. No talk of a bonus. What nerve!!

The RVPs and RSVPs said I couldn't sell on the first visit. In other words, the upline wants to STEAL the policies that you sold by selling out from under you BEFORE you can pay the prospect a second visit!!!

The RSVPs gave orders and had control as to how the work was to be carried out. Was I allowed to sell different insurance and securities plans than what A.L. Williams, Inc. offered? No.

Hence, I was an employee. Where's my severance pay? Social insecurity contributions by AL Williams, Inc? THAT really took nerve!!

To put in my heart and soul and they say you must turn your license in? For what!?! What ingratitute, exploitation, skimming and heinous, brazen devils.

Give me punitive damages in advance. Got any conscience? Yeah, you do. You have the conscience of Ponzi!

It is a surreptitious amount of brazenness and deceit by such people in light of the aforementioned. It's their sin; they can't demand the license because it is false pretenses.

It is a fraud. I worked for it; I studied for it. Why should it only be an SCC license that can only be used to sell AL Williams, Inc. - Primerica products? It is a fraud; a sham.

I had the same examination. I had to study just as hard as my competition to receive my license to sell life insurance.

Bonnie ---, RVP, said you only have to work part-time and can make a lot of money. They lied; they smeared other firms that have protected territories. One needs a

protected territory. I would have easily sold four to twelve replacement policies but no protected territory. And that doesn't even take in to account renewals.

So another rep had already sold. So you can see from the above I'm still waiting for a fair remuneration for what I would have sold and AL Williams, Inc. - Primerica can pay me for the time I put in. THE UP LINE - Primerica has not restituted any thing to me yet, therefore, there has to be a penalty for what they did in order to discourage further rapes.

I wasted a total of seven months going to the meetings, the class, studying and scouring the supposedly limitless field of "every person you meet is a sale".

To be so deceitful and brazen as to pretend to want to be helpful, then to say "give the license back; you didn't meet quotas", is the nadir of depravity, blood sucking and callousness. What if I had just obtained a loan from the bank and spent 1/2 million, a million or more on advertising, long term commercial lease, etc?

It is an abomination for a pyramidal so-called company to steal an insurance license. Did the pyramid boiler room pay for it?!! One of many who experienced the same said this: "Very rarely does a RVP or upline give out sources."

Isn't that something? I realize that Bonnie nor any RSVP ever gave me any leads.

In addition, former A.L. Williams, Inc. representatives find me every few years. A quote that I can very well relate to: "I was never told how my name was referred to them".

They say they are "headhunters". They are leeches; steal your leads; find your family and friends and attempt to rape you again. They're just looking for whom they consider to be those whom they can skim and stab again.

I always have to tell them I am still waiting for my money. If you want me, you have to pay me 1000/week base, give me 500M shares in the company, at least 500M preferred shares and 1B warrants. After that challenge to these snake peddlers, I never hear from that particular slickfoot.

Not only has A.L. Williams-Primerica-Citigroup not made any restitution; he has not made an offer of stock or any thing at all in an honest effort to take away the injury done to me.

No remorse, no offer to pay for the expenses to get my life insurance license back that was stolen - nothing. AL Williams, Inc - Primerica lies and lies and lies.

Here is what I found out while I was slaving for RVPs and DRVPs:

A. $80.00 fee to go to their seminars!! The RVP's told us it was a great deal!! All the other life insurance companies give their training for no charge AND they pay for your accommodations.

My RVP and DRVPs who spoke at the "pep rallies" lied. They stated that other companies charge you more to go to the seminars to prepare for the life insurance and securities

examinations securities for those who choose. I had to pay everything out of my pocket. Neither Bonnie nor any of other RVP's,

District or Regional Leaders told me that all the other life insurance companies train at THEIR their own expense. The legitimate companies HELP their reps.

Incidentally, you never get that money back, contrary to what the defenders of the pyramid post all over the web.

B. I started finding insurance policies that were cheaper!! A L Williams RVP's told me I was selling the cheapest.

This began to gnaw and gnaw and gnaw more on me, just as this and dozens of other malefactors gnaw hard at EVERY SINGLE worker for and defender of the Primerica nefarious, huckster, blood leeching thief of the poor.

It was beginning to dawn on me that Bonnie was a vile, evil liar, pretending my time, thoughts, insight, very hard work and energy were worthless.

One of the reasons Bonnie was able to talk me in to the business was the "fact" that A.L. Williams, Inc. policies were the cheapest and the riders made them cheaper yet.

E.g: "Ryan was relatively cautious; she only spent $600 on inventory. But many new recruits spend thousands in those first moments. They are promised that the products will fly off the shelves. But in reality, selling is very difficult. 'One of the myths they tell you is that once people buy the products they will be hooked for life,” says Peck. “That’s not true. I constantly had to be beating the bush. It was not as if there was anything lasting I could count on.'

Why is this? For starters, the products are overpriced. Jon M. Taylor, co-author of The Network Marketing Game: Gospel Perspectives on Multi-Level Marketing (1997) has spent more than ten years studying MLMs and advising consumers and law enforcement on their pitfalls. According to Taylor, MLM products typically cost three to four times more than comparable items from retail stores. To justify the cost, the companies claim their products are better, even magical, he says. 'They’re the modern version of snake oil peddlers,' he says"

C. No reimbursement for my travel expenses.

D. A sales rep is a rag that they can throw out! They tell you you are going to be very wealthy! The RVPs don't help you; I never, ever was introduced to another RVP or any DRVP.

They throw you away so they can exploit another one and steal his/her leads!!!

E. I started hearing "that person's not even in our market". When Bonnie talked me in to getting in to the business, every one was a potential sale. "Just start a list".

F. I began running in to people who wanted to buy from me but they had already bought from another guy who didn't even work in the same state that I was working in.

My eyes finally began to open and it began to sink in that an agent needs a protected territory.

G. Now, instead of “multi-level marketing businesses,” they often call themselves “direct sellers,” “affiliate marketers” or “network marketers,- it is all pyramidal multilevel pyramiding. You CANNOT call it marketing. It is evil, illegal and the same shysterism as the elixir sellers of the devil's juice used to do.

You know it is so: when you go in to business, you don't recruit other individuals in an endless pyramidal downline. You stay right there and build your business up wherever you are. You get the help

you need. If you start a branch business, or a separate enterprise, you get the help you need. You don't tell them to pyramid on, for those new recruits

to pyramid on, and on until you have exceed the entire population of the world in only thirteen steps if you recruit six and

those six recruit six and all recruit only six!!!! Those RVPs and SRVPs know that. Those recruits are customers!! Defenders of

the AL Williams, Inc. - Primerica abomination are either liars on the top of the pyramid and do not want the thievery to end, or they are recruits who have invested their life savings and are not trapped in the unending vortex downward into the pyramid trash heap.

They have decided that, rather than being honest to be attempt to keep the public blinded so they can find victims so that they will have a downline to lace their pockets. Cut your losses and join us who are exposing these dastardly people! I had rather be a doorkeeper in the House of my God than to dwell in the tents of wickedness. -Psalm 84:10.

Why is so hard to admit you are wrong? Repent and get out of the muckrating pyramid! Cease lying to your friends, co-workers and your family. You ought to be ashamed of yourself. The very idea of blogging and posting lies all over the web. What's the matter with you? You can't look your own mother in the eye!

There is NO SUCH THING as a pyramid in a honest, real, conventional company!! The only pyramids are those wherewith you are told to recruit, recruit, recruit.

H. I started hearing "that customer is out of our market". I was told "every person is a potential customer. This business is unique".

I. I REALLY got bothered when someone asked at one of the pep rallies what the difference was between mutli-level marketing and Amway.

Bonnie's answer was throughly unconvincing. Her answer left me unable to differentiate between A.L Williams and Amway.

This, too, gnawed a me more and more, worse and worse, just as every defender of the vortex that you are sucked in to at Primerica feels that gnawing, very uneasy insecurity this very moment.

J. I told Bonnie I wanted to just sell and not recruit. She said I would not make money doing it that way. !!!! You cannot just sell

the policy to the customer and get the money to avoid thievery by your up line. You have to sell the policy through MILICO.

Then it goes in to the A.L. Williams-Primerica computer and the up line automatically takes their cut out of the money YOU

the agent earned! I tell you: what a ripoff!!!

Why shouldn't they feel that horrific scared feeling in their stomach? They are having to depend upon their parents, siblings, friends for suppport while they see their dreams go down the toilet the longer that they cling to a false, cultic hope.

They see their life becoming worthless with no sense of purpose. Having to lie to their loved ones and friends and former co-workers about their needless encroaching impoverishment adds to and accelerates their guilt. Now their growing lack of purpose and

self-condemnation for not listening to friends and loved ones who pleaded with them NOT to get in to the terrifying quicksand that they find themselves in screams louder and louder and deeper in to their soul.

The thrill of victory, earning a living and accomplishment begins to die and with it, their desire to aspire, even to live begins to rot. It is useless to contradict me.

I went through it and all whom were and are in the pyramid know that I'm telling the truth. GOD created us to work for ourselves. That is best for our souls. When we find ourselves trapped in to making money for an upline that did NOTHING to earn what is not theirs:

Why THAT is the very definition of slavery!! But, like all those in Primerica now except for the dishonest ones at the top of the upline whom are staying for the love of money!! -1Timothy 6:3-12!.

I began increasingly to lose more and more and more contact with reality. I refused to face the inevitable: that I was being sucked like the undertow of a tidal wave in to a ghastly vortex of poverty, then more and more alienation of friends and relatives,

then more poverty, more alienation of new friends, ad infinitum, ad nauseum.

CONSPIRACY IN RESTRAINT OF TRADE

A L Williams, Inc. - Citigroup - Primerica still owe innumerable commissions, reimbursements, renewals plus interest and penalties because they stole my license after three months. They never

forced Bonnie to admit she was wrong and to return my license to sell. That license was only good to sell Milico products. That's a conspiracy in restraint of trade!!

The license granted by the Bureau of insurance was good for two years. A L Williams, Inc, deliberately made up the 90 days and I had to pay my expenses on top of it to pass the exam and get my license! What a fleecing!

RVPs take away your license without any remorse! It caused me impoverishment and upwards of 99.5% 1500% ~ more on that later of the other PFS reps wind up impoverished because of this abomination.

It is fully pyramidal, nefarious, Amway, multi-level marketing. Only those at the top make money: those below the tippity top give their time and energy to those at the tippity top. Further, A.L. Williams, Inc.

charged me for the classes. It took over a year for me to recover from all the full commissions I earned but wasn't given because of the "up line", renewals, commissions I earned but some

guy was in my territory and got my sales, uncompensated work time, stipends and unreimbursed expenditures. But that's all right.

Bonnie doesn't care that I had to work in the hot sun of summer and in the ice and freezing cold of winter in construction to get out of a homeless shelter and grinding poverty.

But God writes it all down. The Eyes of the LORD are in every place, beholding the evil and the good -Proverbs 15:3

http://360.yahoo.com/mgtenter95

http://nextaxpro.spaces.live.com/

All right. A fair restitution:

1. You can't get around base pay. If you supposedly are going to make this fortune selling "buy term and invest the difference in mutual funds", "the 72 rule", etc, they have no problem giving at least $500/week so you can survive; more in high cost of living areas. That's not unreasonable.

As aforementioned, if the reps did well on the Bureau of insurance examination (and I scored 87 out of 95 possible), that's not unreasonable.

They recruited us and told us we would be loaded with dough working part-time!! Proof: they tell you to set some of your commissions aside for taxes.

INTERNAL REVENUE SERVICE TAKE NOTICE

Oh, they don't tell you how: you have to send in estimated tax to the IRS every quarter. So they lie to you to get out of paying their half of your social security, medicare tax;

workers compensation, health insurance, dental, optical, the expense of paying bookkeepers to withhold Federal, State and social security taxes. The up line doesn't want to have to make bank deposits to the IRS.

And, OH YEAH, the life insurance!! If they are so honest, they can provide your life insurance and the riders.

Therefore, since A.L Williams, Inc - Primerica did not pay the taxes nor the workers compensation aforementioned, they are illegal!!! IRS take notice. A.L. Williams needs to be audited back to 1977 as well as Primerica back to 1993.

Defenders of Primerica are very, very foolish. You'll get audited, too. I've said it before and I'm saying it again: the IRS is not ***.

Don't play games with the IRS!!!! They are telling you that you are an independent contractor. You are not!!

You are told how to do the work, i.e, you are NOT allowed to sell to a prospective client on the first visit. Art and all

those liars sold on the first visit every time that they could. Why wouldn't they?

2. Honest disclosure about the commission structure. We're still trying to find out what it truly is!! A.L. Williams, Inc, got around one lawsuit because Alabama then had only a one year Statute of Limitations for plaintiff action.

3. Fair remuneration for selling the policy. Primerica can't pound and pound that ludicrous "higher cost first year, lower later" because the reps don't get paid commission

in subsequent years. That's laughing in the agent's face! That's an admission that they treat their reps very badly. AL Williams, Inc. - MILICO - Primerica owes me for the renewals.

It's time those responsible are tried, convicted and forced to restitute sevenfold. I say that because pyramiding is allowed in the United States.

Those taking bribes; those responsible for government regulators not taking down Primerica, Market America, Alpine, Inc, Amway, MCI, Herbalife, etc, are to tried, convicted and forced to make restitution to the victims.

I, as well as over TWO BILLION victims all over the world of pyramid skimming, await our fair and just restitution.

4. I put seven months of my time in to that elixir scheme, overall. Should I hold my breath that Primerica will pay me fair remuneration for all the mental

stress and impoverishment that multi-level marketing causes? Paying compensatory damages to me is not unreasonable, especially since there should be penalty as AL Williams, Inc, never paid me a dollar for my time after I got in.

I wasn't paid for my time when I first got in, either. I still do not know if my commissions were 2%, 1% or 1/50 of one percent. With no disclosure of the commission structure, how do I know I was actually paid an agreed upon wage? Remember, you are an employee.

5. Fair reimbursement plus interest for my travel expenses to take the course and the fee my up line extorted from me. That's not unreasonable.

I obtained the license required by the state Bureau of insurance governmental body and passed their test with a high grade. Reimbursement for my travel expenses to obtain the license.

That's not unreasonable. A L Williams, Inc, forced me to give up the license I earned! No argument of sincerity can be made by AL WIlliams, Inc, Bonnie or any of the RVP's.

They want the leads the downline has and will be very

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Loss:
$575
17 comments
Guest

What can be done if they took our social security number? We didn't sign anything!

Guest

You just didn't have it in you. Haha I laughed while reading this.

You signed an IBA just like I did. You know what that means right? INDEPENDENT BUSINESS AGENT! That means your are independent.

That means it up to you to get out there and recruit to build a business within a business. That means the meeting and seminars or other events.... Those are recommended to see how people from the top got there.

You are a very intelligent person with a lot of potential. I'm sorry your RVP completely did things wrong but Primerica has a lot more to offer than what you experienced.

nextaxpro D

Every rvp and dl knows that there are many exposes in editorials, libraries, flyers, tapes, DVDS, and online of Primerica. Therefore, all the rvps and dls encourage you to put "Citigroup", "division of Citigroup" on your business card to deceive potential customers about the Primerica pyramid scam and their many ripoffs of their customers and downline as documented in tens of thousands of threads. This goes back to the A.L. Williams days. Many reps were not putting A.L. Williams on their cards then, either.

Clean desk. Whom are you trying to kid? The reason there are so many testimonials about Primerica reps and attempting to get your credit card number at the cultic meetings is because they know they can steal from your bank account so long as you do not get a new card and cancel the old one. They also demand your SS# when you apply for insurance if you are foolish enough to apply for one of their overpriced policies or outrageous mortgages.

One for you Remzblader911: if your car was stolen, you would feel the repo guy was corrupt. Don't lie to me. Thou shalt not bear false witness. And your rvp and dl told you NOTHING. READ YOUR IBA IN THE PRESENCE OF AN ATTORNEY, as you have been told thousands of times. Indeed, this thread has warnings.

Guest

This is amazing. Our corporate approved presentations all state the name of the company as well as Citi as our parent company, our company approved biz cards ALL say Primerica - and even list our licenses held, all of our company approved brochures are printed with our logo somewhere on them, and www.primerica.com explains what all our fees and licensing requirements are.

If somebody is going by the book, there should be no complaint such as this, and it amuses me that somebody would without research yell and scream in a LONG email about what could have been cleared up with some research. I have been here for almost 7 years, and our home office has NOT moved, they are in Duluth, GA. And they have been there for years and years and years. RVP's are able to move their offices, but those are not the home office, and we are all registered with the company with regards to our office location.

I am audited once every year and we are required to be compliant with all regulatory agencies PLUS a few additional things that I DONT see other financial institutions in my bldg having to comply with. An example of that is adherance to Citi's "Clean Desk" policy with requires that all paperwork pertaining to a client be put away each and every night before a person leaves. This protects the clients privacy and ensures that even the cleaning staff doesn't have access to privelidged info. We also are all required to have deadbolts on our doors - even in secured bldgs.

Primerica takes our clients information and privacy very seriously.

It seems to me your needed to do more research before you published your tirade. You have made yourself look uneducated.

Guest

ok lets set the record stright

i was told everything up front $99.00 $25.00 for online studying also my upline helps me and said its a part time but if i have the drive i can go far also rvps have a big goal for every person they get to rvp they get big $$$$$$ and i mean big over $30,000 so if it was such a sham to youi think you found a bad group move on william,mass.

Guest

WOW! lol I'm so sorry about what u went through.

I am a District Leader in Laredo, Tx and I am happy to say that I was told about almost everything up front. What I wasn't told, I found out on my own. Cost me less than $200 to get started, got $100 re-imbursed. I only do it part-time, or spare time really, I am a full-time police officer.

I made my money back within 2 weeks of getting licensed. I was never promised or guaranteed anything. We have contests, but I've never heard anything about quotas. I pay $25 a month for online access, which is how I submit my life insurance and mortgage applications (paperless baby!) Yes, there are people that have gotten rich after 20+ years in Primerica, but there are also some that have gotten rich in 5 years, and even if it took me 20 to get rich, I know that as a police officer, I won't be rich EVER.

Primerica is for people who want more for themselves and their families and who are willing to pay the price. It is definitely not for whiners and losers and for you my friend, I recommend the classifieds where you can find a dream job, $10+/hr, Mon-Fri, weekends off, woo-hooooo! We help people and we get paid good money for it. Just last night, I spent 3 hours with some good friends (a couple) from Houston who heard I was with Primerica.

They wanted a life insurance policy. We discussed their needs, I wrote up their policy, we had dinner and I made $390, which is what I make for about 3 days of work at my job. Can't get much better than that.

Again, don't know what kind of business they're running where u are, but I haven't experienced ANYTHING like that. Good luck!

Guest

No doubt - virtually every complaint this *** had was based on two things: he didn't read all the documentation, and he did not realize the difference between being self-employed (which is what Primerica agents are) and employed (only home-office people are employees, and they're not agents anyways).

Guest
reply icon Replying to comment of Guest-40580

CULTS! *** VS. AMERICA

Guest

First of all, I'm genuinely sorry to hear how tormented you feel. Honestly, I wouldn't wish that on anyone.

BUT...

It sounds like to me you just had a really money-hungry mean RVP. I agree with the previous comment b/c I was told up front about pretty much everything.

1.I'm not sure one you joined, but I only paid $99 for my background check and for my licensing. They didn't steal my money. It's a California State license, which means I can use it even if I decided not to work with Primerica. I think you just got a hold of a bad RVP that was probably just telling you your license was revoked to help encourage you to make more "sales."

2. Oh ya, and even though I don't really think of it as sales as opposed to helping people financially, I've never been pushed to meet "quotas." And they Don't steal $25 a month from your bank. We're told up front. Actually my RVP told me that wasn't even mandatory for your business b/c it just pays online fees. She said I don't need it, but running your own business is a lot easier with those helpful tooks online.

3. I think you got involved into something you weren't quite ready for. I'm sorry your RVPS didn't tell you a lot of things..but honestly, you came into this type of business quite "naiively." This isn't like a regular JOB (just over broke :). This is like running your own business. The more time you put into, the more you make. ANd in Primerica's case, the more time you put into it, the more money you make and the more families you help.

You come in here saying, that you need travel compensation, complaining that you need to find your own people and spend all these hours, and you want territory protection. I'm sorry you unfortunately had to work with seemingly mean greedy people, but what do you think entrepreneurs are doing? They see the opportunity in Primerica b/c it's like owning your own business but you don't have to come up with your own concept and you don't have to pay a lot of money for a franchise. I think you came in to Primerica thinking that it was one of those Jobs you interview for or that you find in the classifieds.

But let me ask you something, do you know how much those companies rip you off?? Do they tell you how much money the company's really making off of you in comparison to how much they're paying you? Are you in control of how much you can make and how far you can get promoted? Do you make your own schedule and are you your own boss? Do you wake up in the mirror and say, "what do you want to do today?" whenever you want?

Yes, granted, having your own business takes a lot of work and sacrifice. But is it worth it in the end? Yes. I'm tired of working at jobs where I know someone who literally sleeps on the job who is "under me" or under my delegation, who's getting paid more either b/c a.) he's male or b.) he has some randome connection with the CEO.

People get jacked up at their jobs allllllllllllllllllll day long for years. Is your Job gonna provide for you retirement security? Or will you be working at the same job for years hoping they will?

Don't get me wrong, there are a lot of good occupations out there.. There are even few companies that will take care of your retirement.

But at the rate our economy's going and our Government's financial crisis, there's no surprise that there are hundreds of thousands of families that are in need of financial help.

I'm kind of glad you posted this b/c it makes me want to help those families even more.

If you're not ready for this type of opportunity, please don't assume that everyone at Primerica is out to get people and "rape" them..That sounds horrible. I know there are a lot of people that will do terrible things to for money and success, but please don't generalize the company. I mean if you look at all the response comments, it looks like there's a lot more people who do see that the company is a great opportunity and what it's capable of doing in terms of helping people become financially stable.

Guest

The business card DOES say Primerica on it. I have one for you to see if you'd like.

She tried to recruit me. I asked her some questions and never heard back from her.

--Fellow Primerica hater

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Anonymous
map-marker Greensboro, North Carolina

PRIMERICA DECEPTION

I was briefly involved with Primerica and can tell you STAY AWAY It is cult like brainwashing and manipulation. Restitution should be paid to all its victims!

The recruiters tell you that you can make big bucks but you never will.

There is NO base salary, NO benefits, and they charge you a monthly fee just to stay a part of them so they don't have to pay taxes on what little income you will get.

What did it for me was when I saw how other companies had much better products for their customers. If a Primerica recruiter approaches you, run away!

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40 comments
Guest

Guess you didn’t make any money huh? So now you chose to bash the company?

Guest

Tell that to the people who bring home 1k+ a week in the business. People like like my brother, an old mentor, old friends who bring home 3-5 a month and a teacher who retirees from school and college because he make more in 6 months than he makes in a year teaching.

You have to be 100% committed, you need to know how to upsale, you need to know the business.If you only do small apps, no you won’t bring home the $$. It’s the bigger apps that make your money.

Think what you want it’s a free nation, like with an job you have to be committed! You can’t commit you will not succeed.

Guest
reply icon Replying to comment of Guest-1510148

Thats right, let them know the truth

Guest

Bottom line primerica only sell their services to people who don't know any better... And if you think they are the best company ..you never really been real money in your life...or have any knowledge of the real firms out there...

you think making a million dollar per year is good money,,, but in the real world of finances that's like less than a penny.... If you had a talk with a hedge fund manager or a Wall Street broker they would probably laugh... Come on all you recruits do some real research or really dive into the world of finacial services and you will quickly find out how miss lead you have been...I read all your comments and how you defend your company but in all actuality I could tell you are new to the world of entrepreneurship I respect the fact that you are trying to achieve something great for your life... But please don't let this people play you like that...they tell you they care about you as do your their own family and will be there for you hmmm...

We're else do they say that?

That's the same thing gangs tell thier members to win them over but do they really mean it that's up to you figured out ...if you want to achieve something great in your life... that's an awesome gaol that's worth chasing and working hard for..am sure some of you will acchive it....but don't let this lires take advantage of and your hard work...think for your selfs...

Guest

97% of Primericas know very little to nothing about real finances, I think that it's really not your fault, your just not prepare about the subject as a real finacial broker needs t be or agent at that please don't take this the wrong way, your company is to blame, sure they sell you on the dream and that's ok I think all of us need to dream a lil more, but when that becomes the only objetive it can couse you to not think straight, I been to the meeting jaunt to check it out it's a little cultish,it's ok to be motivated exited inspire but some of this people almost worship their leaders that's really wire, unorthodox...the products you sell are not bad but they aren't nesserly the best like you guys claim, the finacial market and fiat currencie is always fluxuating and there are so many products and services some less safer than others but none the less they can make people money, you can never sell this products for the most part to people who have above average knowledge about finances in correlation to the global markets and know how to invest fait currencies...I.E next time your at your meeting just ponder for one second how the "leaders" get to drive the Bentlys and every one else is busting there backs... Of course your conditioning will tell you because that earn it by working hard but I think that if that was the real case at least 30% percent of the agents in the offices would be in a better much better finacial position there in today , that's like simple math 2+2=4 but in Primericas math it just dose not add up. Good luck to you all need primerica recruits..

Guest
reply icon Replying to comment of Guest-1192326

Very wrong in a whole aspect

Guest

This company is definitely a multi level marketing business, but to become successful you need to realize that from the start. Yes, as a new recruit you bring a trainer out on the field for you and he makes commissions of any business closed, but you to also learn the business, closing techniques, and presentation.

The main goal is to become a trainer and create multiple trainers under your belt. If you're worried about losing a few sales in the beginning and crying that your warm market was going to become your entire business, you're a *** and couldn't hang anyways!

I went on 17 training appointments and 15 closed during my first month, and one I was licenced I made 4k my first month without a trainer!

People are making money in the business and as long as you join everything is transparent and you can see what all the leaders are making on their rolling income, it's a giant competition and that's what I love about the business! So for those that joined and never learned their way around POL let alone know what POL is, you really can't call yourself a recruit!

Guest

Where do you start a your own business and and get a wage?

Guest

I'm not gonna try to convince you. Do your own reaserach...

The only reason this won't work for you is if you quit, treat people poorly or do something *** and illegal. If you go to a Starbucks that treats you bad and screws up your drink... Does that make them all bad? Do the reaserach your self.

You can believe Forbs magazine, the DOW Jones, BBB, the insurance commissioner of California. Of this guy who probably quit before he even finished the very first step of getting licensed ...choice is yours

https://youtu.be/cSdYBxreiXg

Virat Eib
reply icon Replying to comment of Guest-980894

The vast majority who join up have never heard of Primerica. How do you research something when you don't even know what it is???

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beatriz a Pvk
map-marker Dover, New Hampshire

For the cry babies

Yes, the one that will talk trash, is the one that didnt get licensed that did not follow the system and they feel bad about being cut from the company... they say they quit... they got cut period... cant handle it.. plus this is not for babies.... its for adults... I have made 500-600 and more in less than 3hrs... doing the right thing for the client... i still have my job and make extra on the side, as i continue to build a team, train and develop... Working on my personal skills and enjoying everything about it... even the negative people who complain.... they will always complain... Someone brings them an opportunity, what they do? complain... no babies allowed here... go cry to your boss, go wait friday for your paycheck, go beg for the raise... people can be really pathetic and im glad they get cut from the company.. we need winners not whinners...
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13 comments
Guest

These Primerica freaks, who claim to be so busy making money, actually spend most of their time trolling sites like this spamming lies and garbage about their pyramid fraud.

Guest
reply icon Replying to comment of Guest-585345

everything is a pyramid "smart one" schools, your job your doing now just think about it you have the super intendant, principle ,then teacher ...the farther you are away from the product the more money u make .who makes more money the teacher or the super intendant ?? the super intendant does !!!!! everything is pyramid....YOUR THE FRAUD FOR GIVING PEOPLE WRONG INFORMATION ABOUT A VERY VERY GOOD COMPANY

Guest

People want to blame someone for them sucking and their failures. I guess Primerica is the blame for you failing a test in grade school, you being a loser and looking outward to blame someone instead of looking at yourself.

There is a system in place for any business to run successful and if you don't follow the rules of success your failure rate goes up tremendously.

Get it together.

Guest

Haha! You misspelled my name dear. It's Beatriz! If your family was qualified for a life insurance ... Congrats. They qualified . Now , the older you are the more expensive it will be of course. It's why we educate those who wants to be educated, (not those who "know everything" ) ; ) ...

At a certain age you may have come down with health issues. Therefore the policy or premium I should say would be rated. We usually try to put income protection before they are a grandma. ( sorry about yours) .

Now those who are reading , forget it's primerica. Ok ... Try suze orman or Dave ramsey who don't work in or for primerica. ( Dave Ramsey actually did)

But they are financial experts that recommend 100% term life insurance. Yes the one we provide! I love it!

Maybe you are confused. The over priced could have been by a whole life or one of those cash value policies. Yea that would *** me off too. Those are known in my book ... Trash value.

So... I'm here if you need more education mr. Or. Ms. ..

So many nice people here... : )

Guest

I guarantee that beatri and miss undastood have abandoned their foolishness for something more lucrative.

Primerica does not care if you stick around. They want the policy on your parents and your grandma and its just charity.

Bunch of idiots sold an overpriced policy to their loved ones. shame

Guest

Well known as a fraud and an MLM scam, with shills and losers posting fake positive reviews. Stay away from this MLM fraud at all cost, folks!

Guest

i agree.. a cult is like a pyramid thingy you called it...

as for the top cash earners in the company they started out just like everyone else. you start from the bottom and work to the top, just like you would in a job. the difference is that in a job to get to the top you have to wait to the person dies or retire, here you work yourself up on your terms... So if they not on the top, its because they not working.

If an agent is "pressuring" you so you can protect your own family and income then shame on him/her right? You cant pressure anyone in helping their own family. Im sure that agent has his/her family covered and that is the most important thing. You cant save those who dont want to be saved or protected...

you mentioned you didnt take the job... this isnt a job...

you took a job someplace else. You were recruited in another place...

Guest

its a pyramid scheme. thats all.

its a good money maker for the ones who are higher up but lower down sucks. also the guy wouldnt stop pressuring me to pay the liscense fee immedeately so i just left and didnt take the job, and he was a senior memember...very immature if you ask me.

Guest

what is a cult to you?

Guest

Cults never understand why others don't see the light, so they degrade those who aren't true believers. Tough way to make a sale.

View more comments (12)
Rebecca R Fnx
map-marker Portland, Oregon

40Hr./week UN-secure Job or Primerica, you decide

Hello, my name is Rebecca. There's just something that I would like to say to the people who are fanning the flames to there own self loathing.

1) Primerica doesn't lay off people because they make too much money. They actually give them bonuses on top of what they earn. You can't get laid-off because you are your own boss.

2) If Primerica didn't work for you, it's because you didn't WORK for them either. It's just like any other job, if you don't work, you don't get paid.

3) I've been with Primerica for 5 months now and I would have to say that it is definitely a BUSINESS OPPORTUNITY. Let me tell you why. Let's say you open a donut shop with the investment of $100k. I guarantee you would work your buns off in order to pay back that $100k in order for your Donut Shop to turn a profit. ITS THE SAME THING with Primerica, if you work hard now and build your team THE RIGHT WAY, you will glide your way to financial freedom in the VERY near future.

4) When you work for this company you have to realize that if you do the right things, have a good heart and don't focus on the money, you WILL be blessed 3 fold. HOWEVER, if you sit at home scared and do nothing, tell me, what's nothing X 3? That's right, nothing. You get what you put into it.

For all you Primericans out there who are having it rough, just remember one thing, there are hard working Americans out there who NEED our help. You can't say the wrong thing to the right person. And above all, speak the truth and with your heart. Luv Ya, Miss Undastood. O;)

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10 comments
Guest

I know their operation very intimately and would like to encourage anyone who came here to "check them out" to go ahead and ask yourself why you did that (come here)

Its because you got a gut feeling and I am telling you to heed that instinct and CANCEL THAT CHECK YOU JUST WROTE. For the love of God how many companies make you PAY THEM TO WORK THERE. You got caught up in the hype or whatever, but just be smart enough to get out and chalk it up to experience.

If you don't then you have to stand up for them on idiotic sound-off sites and call me a burger-flipper or a loser so you don't feel bad about yourself. At least at that point you will be in good company because they are a bunch of fools.

Guest

is anyone in here an actual customer?? Sounds like the only problem is the business side.

Guest

Well known as a fraud and an MLM scam. Stay away from this loser organization at all cost folks.

Guest

You have to be smart enough to decide what's right and wrong for you. The pressure to do good in this company is directly from your desire to do good.

This is your business and you are the boss. This is NOTHING close to Amway! If it's as easy as we say, everyone would be like you and walk out before the first "cattle meeting" is over! You will never know and you will never experience freedom.

You will stay stuck in that "hostage" mentality. Customer dissatisfaction, that means you were a REAL CUSTOMER and were dissatisfied for a SPECIFIC REASON! Haven't seen that yet.

So I post here for REAL people looking for REAL information, not just a bunch of cry babies looking to stop success dead in its tracks. No wonder America is in the situation it's in today!!!

Guest

Just got back from bailing my son out he was arrested at a mall for trespass and disturbing peace he was trying to sell insurance and recruit was told to leave and wouldnt seems like he is being pressured to produce and he cant live up to his potential according to him Last meeting he attended he was held up to redicule for not meeting his quota so his leader can advance to the next level I am through lending him money I never get back also he is going to some convention in Atlanta he cashed in his share of an annuity he got from car accident for 1/2 its value his daughter lives with us as they are being evicted again because he was fired from his paying job for pressuring coworkers to get involved in this scam on company time

Guest

After you made a bunch of money off your family and friends, then what? This is the same boat AMWAY set sail on.

But after the friends and family dry up.... then you start seeing the real deal. But too late...

they already suckered all your friends through you... :roll

Guest

If it was as easy as they say, everyone would be doing it. As in every MLM the guys running the show r the only ones making the money.

They are nothing but *** artists with a product and a story. There are so many red flags here it is amazing they still suck in as many an they do. Must be only people on the planet who do not know how to do a basic search.

Bottom line..they are not mentors, they are vultures. Went to a cattle call meeting, left when I realized I was the only one with all my teeth in the room.

Guest

Sounds like you have had a bit too much of the Primerica kool aid. I agree w/ emma, why ru defending them on a complaint board?

Truth hurts doesn't it?

I went to a real financial agency office and saw people actually selling product and conducting business.

At the Primerica office, a huge recruiting center for mass numbers of fools. It was obvious what goes on there, and it isn't financial planning.

Guest

Are you still with primerica??

Guest

Why are you on a site for customer dissatisfaction? If it is so good for you, great, but this board is for people who want to sound off and just becasue you disagree doesnt make them wrong.

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a c Ovd
map-marker Orlando, Florida

Primerica

why do people constantly make *** complaints on there average life. If you want a job get a job if u want a career get a career if you want a business get primerica other wise stay broke lazy and online with facebook.... last time i heard when McDonald's and any other business started out they were a hoax to know they are making billions. every body thought Henry for was a hoax.... everybody thought Benjamin Franklin was crazy hmmm.... now we have Mercedes and solar power.... seems to me everything the average people thought hence the ones bashing turns out to be the best things society dwells on... so as a primerica agent i rather be the rich hoax then the broke consumer of the hoax
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4 comments
Guest

question? what would have happened to all those people that are successful had they QUIT!!

Guest

Primerica is a great company! I get so sick of reading this negative *** all the time.

I'm glad that those that came before us didn't complain or cry about how unfair it is out there

or we would not have such a great country!! get off your *** and get busy doing something besides well...nothing

Guest

Yea but it requires you guys to harass us for you to gain a business. Like you said if I want a career I’ll get a career that don’t require harassment.

Guest
reply icon Replying to comment of Guest-412272

Rich hoax what Primerica does is educate those how to have a better future and not have financial ruin in the event of an early death. Again you cannot go anywhere and potentially start a business for $99 and maintain that business for $25 a month NO WHERE. It far well worth it for all the business and leadership knowledge you gain

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nextaxpro D
map-marker Beijing, Beijing

EVEN RIPOFF REPORT WON'T PRINT EXPOSES ABOUT THESE SHYSTERS

PRIMERICA MILICO CITIGROUP A.L.WILLIAMS PAY ME WHAT THOU OWEST Bonnie Dorman, RVP, A L Williams, whom I had met previously when she was marketing Huff Cook,talked to me about a company that "offered a great opportunity through life insurance sales and asset re-positioning". Further, I could work part time and keep my present employ if I desired. Enthused, I worked over 80 hours/week; gave all of my time to the company. Then, within 90 days, Bonnie Dorman, RVP, demanded I surrender my Bureau of Insurance license because I didn't meet quotas!! THAT'S RAPE!! The RVPs and RSVPs said I couldn't sell on the first visit. The RSVPs gave orders and had control as to how the work was to be carried out. Hence, I was an employee. Where's my severance pay? SS contributions by AL Williams? THAT really took nerve!!! To put in my heart and soul and they say you must turn your license in? For what!?! What ingratitute, exploitation, skimming and heinous, brazen devils. Give me punitve damages in advance. Got any conscience? Yeah, you do. You have the conscience of Ponzi!

Deceit by these people in light of the aforementioned. It's their sin; they can't demand the license because it is false pretenses. It is a fraud. I worked for it; I studied for it. Why should it only be an SCC license that can only be used to sell AL Williams - Primerica products? It is a fraud; a sham. I had the same examination. I had to study just as hard as my competition to receive my license to sell life insurance. Bonnie Dorman, RVP, said you only have to work part-time and can make a lot of money. They lied; they smeared other firms that have protected territories. One needs a protected territory. I would have easily sold 4-12 replacement policies but no protected territory. So another rep had already sold. So you can see from the above I'm still waiting for a fair remuneration for what I would have sold and Art Williams - Primerica can pay me for the time I put in. They haven't given me anything yet, therefore, there has to be a penalty for what they did in order to discourage further rapes. I wasted a total of 7 months going to the meetings, the class, studying and scouring the supposedly limitless field of "every person you meet is a sale". To be so deceitful as to pretend to want to be helpful,then to say "give the license back; you didn't meet quotas", is the nadir of depravity and callousness. It is an abomination to do such things. One of many who experienced the same said this: "Very rarely does a RVP or upline give out sources. " Isn't that something? I realize Bonnie Dorman never once gave me any leads.

In addition, old AL Williams reps find me every few years. A quote that I can very well relate to: "I was never told how my name was referred to them". They say they are headhunters. They are leeches; steal your leads; find your family and friends and attempt to rape you again. They're just looking for whom they consider to be suckers.

I always have to tell them I am still waitng for my money. If you want me, you have to pay me 1000/week base, give me 100M shares in the company, 500M preferred shares and 1B warrants. Not only has A.L. Williams not made any restitution; he has not made an offer of stock or any thing at all in an honest effort to take away the injury done to me.

No remorse, no offer to pay for the expenses to get my life insurance license back that was stolen - nothing. AL Williams-Citigroup-Primerica lies and lies and lies. Here is what I found out while I was slaving for A L Williams:

- 80 fee to go to their seminars!! The RVP's told us it was a great deal!! All the other life insurance companies give their training for no charge AND they pay for your accommodations. "If you have a traditional job then your employer will train you to undertake your duties to the best of your ability. This makes good financial sense to them as it will maximise your productivity and ability to generate a good return versus your wage cost. Why then, do many multi level marketing schemes require payment in return for their training seminars? Surely it would be in their best interests to train their distributors for free so that they can profit from their retail sales?" http://www.scamtypes.com/is-time-up-for-multi-level-marketing.html

- I started finding insurance policies that were cheaper! A L Williams RVP's told me I was selling the cheapest. This began to gnaw and gnaw and gnaw more on me. It was beginning to dawn on me that Bonnie Dorman was a vile, evil liar. One of the reasons Bonnie Dorman was able to talk me in to the business was the "fact" that A.L. Williams policies were the cheapest and the riders made them cheaper yet.

- No reimbursement for my travel expenses.

- A sales rep is a rag that they can throw out! They tell you you are going to be wallowing in moola! The RVPs don't help you; I never, ever was introduced to a RSD or SRSD and they throw you away so they can exploit another one and steal his/her leads!!!

- I started hearing "that person's not even a potential client". When Bonnie Dorman talked me in to getting in to the business, every one was a potential sale. "Just start a list".

- I began running in to people who wanted to buy from me but they had already bought from another guy who didn't even work in the same state that I

was working in. My eyes finally began to open and it began to sink in that an agent needs a protected territory.

- You know it is so: when you go in to business, you don't recruit other businesses. You stay right there and build your business up wherever you are. You get the help you need. If you start a branch business, or a separate enterprise, you get the help you need. You don't tell them to pyramid on, for those new recruits to pyramid on, and on until you have exceed the entire population of the world!! Those RVPs and SRVPs know that. Those recruits are customers!! Defenders of the AL Williams-Primerica abomination are either liars on the top of the pyramid and do not want the thievery to end, or they are extremely blinded. There is NO SUCH THING as a pyramid in a conventional company!! The only pyramids are those wherewith you are told to recruit, recruit, recruit.

- I started hearing "that customer is out of our market". I was told "every person is a potential customer. This business is unique".

A L Williams-Citigroup-Primerica still owe innumerable commissions plus interest and penalty because they stole my license after 3 months. They never forced Bonnie Dorman to admit she was wrong and to return my license to sell. That license was only good to sell MILICO products. That's a conspiracy in restraint of trade!! The license granted by the Bureau of insurance was good for 2 years. A L Williams deliberately made up the 90 days and I had to pay my expenses on top of it to pass the exam and get my license! What a fleecing!

A. L. Williams takes away your license without any remorse! It caused me impoverishment and upwards of 99.5% of the other PFS reps wind up impoverished because of this abomination. It

is nothing but multi-level marketing. Only those at the top make money: those at the bottom give their time and energy to those at the top. And

they charged me for the classes. And I had to pay everything out of my pocket. Neither Bonnie Dorman nor any of other RVP's, District or Regional Leaders told me that all the other life insurance cos give you training out of their own pocket. They help their reps. It took over a year for me to recover from all the uncompensated work time and expenditures.

http://360.yahoo.com/mgtenter95

http://nextaxpro.spaces.live.com/

All right. A fair restitution:

1. You can't get around base pay. If you supposedly are going to make this fortune selling "buy term and invest the difference in mutual funds", "the 72 rule", etc, they have no problem giving at least $500/week so you can survive; more in high cost of living areas. That's not unreasonable. As aforementioned, if the reps did well on the Bureau of insurance examination, and I scored 87 out of 95 total, that's not unreasonable. They recruited us and told us we were would swimming in dough working part-time!!

2. Honest disclosure about the commission structure. We're still trying to find out what it truly is!! Art Williams got around one lawsuit because Alabama then had only a one year Statute of Limitations for plaintiff action.

3. Fair remuneration for selling the policy. Primerica can't pound and pound that ludicrous "higher cost first year, lower later" because the reps don't get paid commission

in subsequent years. That's laughing in the agent's face! That's an admission that they treat their reps very badly. AL Williams-Citigroup-Primerica owes me for the renewals.

4. I put seven months of my time in to that scheme, overall. Should I hold my breath that Primerica will pay me fair remuneration for all the mental stress and impoverishment that multi-level marketing causes? Paying compensatory damages to me is not unreasonable, especially since there should be penalty as AL Williams never paid me a

dollar. With no disclosure of the commission structure, how do I know I was actually paid an agreed upon stipend?

5. Fair reimbursement plus interest for my travel expenses to take the course. That's not unreasonable. I obtained the license required by the state Bureau of insurance governmental body and passed their test with a high grade. Reimbursement for my travel expenses to obtain the license. That's not unreasonable. A L Williams, Inc, forced me to give up the license that I earned! No argument of sincerity can be made by A L WIlliams, Bonnie Dorman or any of the RVP's. They want those leads and will be very swift to steal them from you. When you franchise a store, if you're smart, you check the contract for a fair evaluation of what the franchisor contributed to the good will and growth of the business. AL Williams staff and lawyers knew and Primerica knows about clauses like that. I was so young and am really surprised at the number of potential clients I visited and the enthusiasm I had and how I helped the image of that company. I was rewarded with termination and theft of my time. That's theft of services! That's theft of promised commissions!! I gave them my time. AL Williams and his people are thieves! Never again will it be done to me.

6. A fair evaluation and restitution for sales missed when forced to surrender the license I had studied for and earned. That means they owe me for the bonuses I would have made as well as the sales I lost, not only in the valid period of the license, but in subsequent periods; volume build up; more sales, bonuses, etc! After 7 months with absolute minimal income, I was impoverished and forced to take job so I could get back on my feet. Multi-level marketing impoverishes workers! Hundreds of thousands of others have been raped, also, worldwide.

7. The theft by A L Williams means lack of credentials for the next insurance place. The sin of A L Williams. Once again, you must have a protected territory. Reimbursement for travel expenses; fair restitution for my time to unnecessarily have to restudy for the examination. Boy,does AL Wiliams-Primerica-Citigroup screw people!! Taking away your license when no laws nor ethics were broken by the agent is an abomination!!! Art Williams, Bonnie Dorman, Primerica-Citigroup who bought them out [hence bought their debts] and the rest of them should be thankful I'm not asking for compensatory and punitive damage awards! Boy, do they fleece you! A lot of time and energy for what? To be used and thrown away so they can get your leads!! Aha!! Know you know why AL Williams and all the RVP's ordered you NOT to make the sale on the first visit! Why? After 3 months, they will steal their license to sell, which is not even rightfully theirs!!! I studied for the test, put out by the state regulator, not by AL Williams; not by MILICO; not by Primerica: not by Citigroup. What a corrupt outfit! You can't even recover unless you take the courses; then the examination all over again!! They owe for the mental stress!! Those sales District and Regional Leaders really have their nerve in demanding that you surrender the license when you have committed no legal, propriety, moral nor ethics violations.

8. License was good for 2 years. Out and out fraud and nefarious extortion to only allow a license to sell insurance and securities through AL Williams!! That really takes nerve. whom do they

think they are? God Almighty? The intent is to issue a license to sell life insurance and securities for yourself or for any firm. To limit to AL Williams is tantamount to threats, lies, deception, unfair restraint of trade and extortion. AL Williams violated the Sherman anti-trust Act without even telling us!!! Has Primerica turned from such reprobate shenanagans? Citigroup-Primerica must agree to pay for the remaining 21 months of

lost revenue as a result of the illegal seizure of the license to sell life insurance. That's generous: AL Williams does not have to pay punitive damages and AL Williams doesn't have to pay compensatory damages for a minimum of 7 years.

9. Confession by Primerica if they did the same that Art L. Williams did to those who spent money, time and energy to obtain their brokers license. Does Primerica refund your $199? May be some times, but then again, Primerica will at times say that you have a "chargeback". Primerica "loans" you money, whether you want a loan or not! Sounds exactly like the mob, doesn't it? There has to be a reason why ripoff report has chickened out and refuses to publish any more exposes on Primera, THIS, DESPITE THE FACT THAT THEY PRINT IN BOLD PRINT THAT PRIMERICA WILL REFUND YOUR MONEY, BLAH BLAH BLAH!!! WHAT ARE THEY SCARED OF?? RIPOFF REPORT DOESN'T ANSWER MY E-MAILS. Chargebacks is really deceitful. AL Williams only allowed their agent to receive a commission for one year, and the client pays a year in advance. In what circumstance could there be a chargeback?? In other words, if the SRVP and RVP do not get their slice off of the agent - even after he is gone !!!!!! - they want to still make you pay!!! And to make sure you DO pay, they "loan" you "insurance money" in the event of a chargeback!! Nifty, isn't it? Total evil. Tell it like it really is. Be sure your sin will find you out.

It'll find you out. It's found a lot of multi-level marketers of swampland out. And their sin will find the rest of those boiler room shysters out.

What?! Ripoff Report states this? To the editors of Ripoff Report: Primerica is willing to make amends? They bought AL Williams, stock symbol ALW. When you buy an outfit, you buy the debts. Let's see proof of sincerity. A.L. Williams headhunters in more ways than one! know I worked there, even if Bonnie Dorman were to attempt to deny it. "Not everyone is a sales person they recruited you, hence you are - not every one is made for every business and your success depends entirely on the effort you put into it, but, the investment involved is very minimal in light of the training and licensing that it pays for - all this talk about $199 being a rip-off. I guess people are wondering 'why do I have to pay to start a job?' But Primerica isn't a JOB, You're starting a business; you're starting a business when you go to work for all the others and the company pays -consult the Rock how many other businesses can you start for less than $200 unlimited, esp now. It's called the internet!?

Life insurance pre-licensing education is provided at no additional cost to you." ha ha ha ha ha ha ha ha ha. Primerica lied to you!!! Documented by other threads, also. We are NOT bearing false witness. That leads one to question the whole scope of the investigation put out by the staff of Ripoff Report. How deep was the investigation? I've spoken with thousands of life insurance

agents, including former AL Williams agents, and they all know that AL Williams charged $80 for the pre-licensing seminar. No additional costs? Even then, it was more than $200 as I have documented.

A.L.Williams recruiters wanted me to buy a policy! What!! Cuckoo! Cuckoo! When I go to work for a company, I get their product for free or at employee discount rates. You say Primerica is the same as any other company. Then why am I a customer?! If I'm an independent contractor; if you want loyalty, you are going to give me something.

And that's not all. Your company said I couldn't sell on the first visit. You gave orders and had control as to how the work was to be carried out. Hence, I was an employee. Where's my workers comp coverage, health insurance, extra social security in my account, vacation pay, sick leave pay, severance pay, etc? What's the big deal if a potential customer asks if I have a policy myself? You are going to give me a policy. I'm an employee. Of course I have a policy. You gave it to me. If you don't, you are trying to make me BUY a policy. You know you are nothing by a lying *** man, lowdown, double crossing, slick tongued unscrupulous huckster. When I go to work for an insurance company, I get the policy for free. Buy an overpriced policy to help National Sales Directors and Senior National Sales Directors? What deception! What dishonesty!

Ripoff Report said "recruit" in their " Rip-off Report Investigation: `Primerica`. "It should be noted that as an independent contractor, the compensation of a Primerica agent consists of commissions and bonuses earned upon the sale of a product, either directly or by an override commission GENERATED BY OTHER AGENTS emphasis mine recruited into his or her 'hierarchy'. " Not my words, his. Some have not seen through multi-level marketing. "But you should know, that your results are going to equal to your efforts." That is NOT so in multi-level marketing, even in a local economy on the upswing. Here is the best explanation I have seen to date. There are probably less wordy ones, but this is worthy of very careful, thorough study. Primerica IS IS IS a mutli-level marketing company.

http://www.frauddiscovery.net/Herbalife/WallStreetFooled.pdf

It's the same A.L. Williams hash refrigerated and microwaved up: Primerica was been and is under investigation by the SEC, FTC and numerous other governmental bodies".

Listing of investigations and litigations can be found SEC's and other sites -->

http://www.sec.gov/cgi-bin/txt-srch-sec?text=Primerica&mode=&start=&count=§ion=Litigation&sort=rank

If you just do a goggle or Yahoo search on 'Primerica fraud' you will get hundreds of hits explaining lawsuits, Primerica's deceptive tactics and testimonials of people defrauded. Most concerning of all though is that members of Primerica during company's presentations and speeches yell out 'Amen' and 'Hallelujah'

(my husband admitted hearing this too) and insist upon Primerica being a 'Christian' organization." an agent with AL Williams told me that many reps are pastors. It's easy to believe you need "supplemental income" when you are not trusting the LORD for your support - consult the Rock.

Think Primerica is sincere? Before publishing "Rip-off Report Investigation: Primerica pledges to resolve complaints & address any inquiries from the past, present and in the future. Commitment to Rip-off Report Corporate Advocacy Business Remediation & Customer Satisfaction Program. Primerica commitment to customer & agent satisfaction. After interviewing executives from Primerica, it is clear that they are dedicated to helping their agents and clients achieve complete satisfaction and will not allow a legitimate complaint to go unresolved". Ripoff Report is NOT telling the truth.

Ripoff Report has to acknowledge that You can't get around base pay and that the average commissions for a Primerica agent is 2000 and the average commission BECOMES A NEGATIVE as only 1.5% of the RVPs, RVPs and SRVPs make 7 figure commissions and overrides and possible kickbacks from chargebacks on their reps!!. If it's not multi-level marketing, why do 98.5% or more of the reps who try MLM wind up with a DEFICIT after you figure expenses for the program?! Would you continue working for a corporation wherewith you had to pay fees and month after month after month earned no money and was not payed any thing??!!? Any company that pays only sales commissions without binding promises of base pay, profit sharing, preferred stock, stock, warrants - some future reward for work performed - is a slave master. An honest day's pay for an honest day's work. Be up front. Bill Gates was. He asked the workers to accept shares of stock. Those who did not want his promises could walk away. Primerica pressures you to stay with threats of no refund of your $199 (or more) and the usury regarding

the loans. Bill Gates backed up his promises. He did not vomit empty, lying promises of riches. He backed his promises up. That's what A L Williams needed to do and did not. That's what Primerica needs to do and has not, to date.

One wonders why ripoff report, which otherwise has a spotless reputation, would stoop so low to defend something that they know is immoral, illegal and a nefarious pyramid scheme, not to mention all the documentation that is still on ripoff report. Ripoff report won't publish any more exposes, but the documentation is still there despite what ripoff report sticks into virtually every single title in Prmerica, Citigroup, Milico.

And that's not all. No company is shaped like a pyramid, as you ignorantly say. You SNSDs and NSDs know that you are LYING! Is a sole proprietorship shaped like a pyramid? You could say a dot, square, rectangle. You cannot say pyramid. Is a partnership shaped like a pyramid? Are even a lot of companies, especially relatively small ones, shaped like a pyramid?! No! They are shaped as a trapezoid. And you know it as well as I. In addition to all of that: why are Primerica reps posting all over? If your product is decent, and, if you run an honest business, and NOT an illegal, immoral pyramid, you're not going to flood the search engines. What are you afraid of??? HHMMMM????!!! HHMMMM??!!! I CAN'T HEAR YOU!! WHY IS THE SILENCE DEAFENING???!!! I CAN'T HEAR YOU!!!!!!!!! SPEAK!!! You love to speak when you lie to whom you hope are suckers. Why won't you speak when it's time to defend your self. Every single soul knows. Darkness is always FEARFUL OF ALL TRUTH AND HAS TO MAINTAIN DECEPTION.

In fairness to ripoffreport, even stock, mutual fund analysts and institutionals do not know the inevitable law of rapidly diminishing returns involved in multi-level marketing. We will just ask Ripoff Report to read and pore over this daily for a month, then at least once a week for the next year. It is extremely important. Revealing information, even great revealing information, becomes dated. More, better explained exposes will come. Keep your eyes open. Ever alert, never hurt. Very nearly all of us will agree that Ripoff Report does some good; some would agree even a lot of good. We request a totally truthful explanation from Ripoff Report as to exactly why posts exposing Primerica-AL Williams are not appearing.

To be demanded by Primerica to pay for a background report made me laugh myself sick! They want any sucker. Any sucker will do! Anybody can get on as an "independent contractor"! What's the background investigation for?!! What if I had bought the policy? Would I have gotten my money back?? I was told that A.L. Williams went to jail on fraud charges. Why is it that you can obtain no info on this on the internet? Supposedly AL

Williams is an open book. You become so brainwashed you never question anything. He never came to see any rep and he never called for meetings. He can afford to pay the expenses.

Primerica defenders will cease and desist now from defending that nefarious pyramid scheme. And that's precisely what multi-level marketing is. Put your money where your mouth is. Pay me my 3 million of the coming class action lawsuit, then defend your wicked, pyramid scheme that has impoverished me and millions of others.

http://www.sec.gov/cgi-bin/txt-srch-sec?text=Primerica§ion=Entire+Website&sort=rank

http://www.consumerfraudreporting.org/primamerica.php

http://www.sequence-inc.com/fraudfiles/2008/04/26/the-pyramid-scheme-aspect-of-primerica-financial-services/

http://www.frauddiscovery.net/Herbalife/WallStreetFooled.pdf

http://www.consumerfraudreporting.org/reporting.php

http://www.mlmwatch.org/

http://www.pinktruth.com/index.php?option=com_content&task=blogcategory&id=72&Itemid=123

http://www.scamtypes.com/

http://blog.360.yahoo.com/blog-GN8MB_08fLK8uLqngFNBGmBz

http://nextaxpro.spaces.live.com/

http://360.yahoo.com/mgtenter95

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Loss:
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20 comments
Guest

The truth will come out and I curse Primerica and I believe that God is going to destroy it! Their christian behavior and church services are all just a ruse and they don’t fool God one bit. God is going to destroy Primerica and leave it in ruins!

Guest

Lol the founder of the company didnt go to jail a person with the same name as his did that person is 40years old and is still in jaill today :cry the founder of the company is 64years old I met him last year in boca Raton, fl if primerica is pyramid so is a job,church school

Guest
reply icon Replying to comment of Guest-770026

Yes art l. Williams is 71 never been is person

Guest
reply icon Replying to comment of Guest-770026

A job a pyramid scheme? You are so brainwashed by your cult-like scam! If McDonald’s or Pizza Hut were pyramid schemes then all employees would have to buy their own products and build their own establishments and recruit employees.

Guest

Has anyone here ever sold real estate or advertising? Do you realize that Primerica's compensation is based on the same model? Who makes more money - a real estate agent who gets 3% commission on a single sale, or a broker who gets 3% commission on the sales of 5 agents working under them? Some might say "well, the brokers don't deserve that", but in reality, they do, because who trained these agents and invested time and effort in them? Does that make real estate brokers "evil"? Primerica's compensation schedule is clear (unlike Amway, where there is a secret compensation schedule based more upon motivational tools that push religion and politics rather than sell products).

Yes, capitalism is about making money by selling goods and services. Every business in this nation has its detractors, from McDonald's to Walmart. Capitalism is also based upon the free-market system, so that if you don't want the goods or services a company has to offer, you don't have to do business with them. The question you have to ask is, is the consumer better off for having done business with a particular company? Personally, I believe that Primerica leaves its consumers in a better financial position after doing business with our company than before. The Debtwatchers program we offer from Equifax is a perfect example.

Are there cheaper insurance products available out there? Of course, but among all of the complaints I have read about Primerica, I have yet to see ONE where the company did not pay out a legitimate claim in a timely manner.

There is no such thing as a "salary" in Primerica, and there is no such thing as a "job" with Primerica. I've seen these terms thrown around as if people believe this is what we offer, and I have to believe these are their words, and not words that were used to represent the company to them. If you want a job, then go get a job, but what this company offers is opportunities, not jobs. If you want to work for someone else and have your income and promotions determined by them, be my guest, but if you want to be in a position where you are your own boss, and your compensation is determined by your own hard work, then find a field that will allow you to do that, be it with Primerica or another opportunity.

Also, anyone who believes that Primerica took a dime in bailout money from the government after the crash of '08 is grossly misinformed. Unlike GM and the banks, our company didn't need a bailout, because we didn't do anything to warrant one. Even as part of Citigroup, Primerica refused to market the Citibank credit cards, because it stood against everything we stand for. Citigroup and Primerica were not a good fit, which is why we broke from them and went public in 2010.

If you don't like capitalism, I can't help ya, but I can tell you one thing....you can either let Corporate America walk all over you, or you can join a good company where you can help people and make a decent living doing it. If your focus is only on the money, you're right....you won't go far, but if your focus is on people first and money second, your business will likely succeed, whatever that business may be. I know a guy who runs a seasonal ice-cream parlor in our town. He left a salaried job with decent benefits to start his own business. Being an owner, he doesn't collect a salary for all of his hard work, he has to pay for his own health insurance and retirement, he has to pay building rent and expenses, and sometimes business is not what he wants it to be (although this time of year, it starts to boom), but he couldn't be happier, because he does quality work, he loves what he does, and his customers know it! Primerica offers an opportunity (NOT job) for people to earn money while still working a full-time job, and build to an income level where they have the option to go full-time with the company at some point, if that is what they so choose. What is wrong with that?

Guest

I agree with you. Primerica is evil. These guys care nothing about the you, they only care about making money from recruits. Its the same baloney as herbalife and amway, other pyramid schemes that prey on those with little education. Primerica is like the financial version of amway. but they both stink of dead man's bones and corruption.

the only people who defend these creeps are 1) people who currently work for them (conflict of interest) or 2) aggressive capitalists who believe its ok to steal as long as you come out on top

hopefully the next economic crash primerica wont get bailed this time so they can crash out and stop stealing from the public

Guest
reply icon Replying to comment of Guest-623511

Primerica never got bailed out you ***!

Guest
reply icon Replying to comment of Guest-623511

Primerica will truly one day crash, burn, and wind up in the *** house!

Guest
reply icon Replying to comment of Guest-623511

Primerica is a snake’s nest! They have their phony synthetic contemporary christianity but it’s all a front, don’t fall for it.

It’s a fake job with fake people and fake benefits. Primerica never advertises, no print, billboard, magazine, commercial, sign, internet or app ad, nothing, all word of mouth; that’s fishy in of itself. Also, their red white and blue ringed logo is a symbol of the occult, it does not mean the Godhead and you’re not supposed to make graven images of God anyway, Primerica’s symbol is a triquetra which is another way of writing 666, the number of the Beast, no joke look it up!

You’re hit with this opportunity and you including myself, fell for it because you’re desperate for a better life and job, but it turns out to be a bait-and-switch, and you’re nothing but a slave as they make money off your back while you struggle to “recruit.” It’s evil! I pray that God destroys primerica and leaves it in ruins!

Guest

Anyone with half a brain can get a job at a reputable place where their salary ultimately doesn't come down to recruiting idiots one way or the other. I'm sure a few of you might make what you consider a decent salary at Primerica, but if you had REAL opportunity, you would see how many flaws this business has.

I agree that this poster might have gone overboard, but any self-respecting person capable of getting a decent job would walk out halfway through their initial "interview". When I went for mine one of the people there appeared to be homeless.

I'm not joking. He had several bags with him and appeared to not have bathed for some time.

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smusick M
map-marker Bossier City, Louisiana

Primerica Scam

I am quitting Primerica Today. My RVP is a *** who is making my life miserable by telling me lies and not transfering me to another RVP. Since she can't make profits off me she don't want anyone too! Very immature lady. Also, I have tried to contact her superiors and they won't even talk to me. I am licensed with the state and I will just take my expertise elsewhere. The company preaches a lot of concepts but the Shreveport Puckett office don't follow through with what they preach. They don't listen to anyone they just talk over you.
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17 comments
Guest

In this economy who has $199 in the bank to freely give to a company...any company that cannot guarantee a return? So, many people are living check to check with zero savings why do this? Seems foolish.

Guest

Primerica is not seen in the financial world as credible. The business opportunity has a massive failure rate but is good for the company, %99.999 of people come bring Primerica clients and because of the low commission rates leave and the company has new clients.

Their products are over priced, just shop around on the internet and compare. Commissions are low as the commissions are paid over 12 people.

If you are with Primerica look up on your competition score board and see the money the people make in your office I was shocked how low it was!! There was only 2800 people making over 36,000 in the whole company and they have recruited over 450,000 in the last 2 years imagine how many have been recruited in 30 plus years 5 million? 10 million?

Look in the book that is in your office and see all the big earners, then look on the competition score board, all their income are way way down, used to be 200,000 agents now around 90,000, they recruit 200,000 a year and the agents are getting lower, great for their distribution not so good for the people at the bottom. Go independent so much different, I shop everything around for my clients they always pay the least they can. After 1 year full time my passive income with trails and pacs was 1500 a month. Do an 80 dollar a month 10 year term policy and get paid almost a $1000 dollars. Spend time learning personal finance not watching cheesy videos. Why are you paying money to levels and levels of people above you who bring no value to your business except cheesy speeches. Why not own your clients from day one that you can sell to anyone and you and that person decide the price and terms not someone at head office?

Guest
reply icon Replying to comment of Guest-675222

do you still have access to the scoreboard? I would like to have an updated view how what people really earn

Guest
reply icon Replying to comment of Guest-675222

I have a family member dealing with Primerica she is losing a lot of money but will not quit is there someone I can speak to or see

Guest

Anyone who says that Primerica is a scam doesn't know anything about the company. In looking at Primerica you should consider the source of the information you are reading.

As an example if you have ever watched the first auditions of American Idol you know there are a lot of delusional people out there. Also people who would rather make up some way to blame a company for their failures. I see that every day. I have a friend in Primerica.

I have seen their business practices, I have been their customer and my insurance is amazing, my investments are growing even in low markets. Their lives and mine have been changed by Primerica. I am now joining the Primerica business opportunity which is not for those who don't want to work. It is not a get rich quick scam.

It is an amazing business opportunity. I say to those who have bad things to say about Primerica. Take responsibility for your own failure. Primerica works but only if you work.

The system has been proven for over 30 years and growing bigger every day. I did my research from honest truthful sources.

Primerica Rocks !!!!! :)

Guest
reply icon Replying to comment of Guest-665246

Amen.

Herndon Bbm
reply icon Replying to comment of Guest-665246

I totally believe in the concepts Primerica teaches the consumer. Yes, I have been a client for 15 years.

Living those concepts for a number of years totally saved us financially. 99 percent of the time the comany does everything right, but there are dishonest people in the world. With the checks and balances the company has in

Place a person cannot work in Primerica and be dishonest with people. It is a very regulated environment.

Yes, I have believed in the concepts so thoroughly, as of last year I am working with them. Take it from a woman who has done every kind of job to support my kids, this company gives you a chance to show your"real" worth.

It is the greatest thing since sliced bread.Do not believe people who say it is not legit, they do not know what they are saying, research how many billions and billions the company has in its coffer and it will open your eyes. They are willing to help anyone and are everyday real people, the fireman and grocery clerk are both given a chance!

Guest
reply icon Replying to comment of Guest-665246

Well said. It is only for people who want to work.

No-one is not holding you by the hand and telling you how to run your own business as with all businesses. If you are the owner ans and leader, you have to lead. It is your business and in most cases, everyone else helps you along the way. It may not be like that in all baseshops but mine is awesome.

So when I decided to join, I knew what I was getting myself into and that was not a get rich overnight deal but I must but my but like sll business owners do in the beginning until you get some good people under you and then you can fo more teaching and training than working. Makes sense to me but most people that get into Primerica are not ready to be leaders and should continue living by someone else's rules and making someone else rich. You can really give your all at Primerica for 10 years and do the same at your job, I know you will be better off at Primerica. Also the business works smoother in 2013 compared to previous years as they only made it easier and reps make more money now.

The system works if you learn how to work the system.

Good luck.! Financial Freedom here I come :grin

Guest

I understand the whold bad supervisor thing but this whole chain is a joke. Everytime I tried to get help nobody was there.

I went to several 'ranks' above my RVP and nobody even got back with me. I was making the appointments, in fact, for three weeks in a row I made more appointments than anyone in the office!

I honestly think she was jealous of me which don't make sense because I was under her. I was also recruiting quite well. I still have insurance with the company, not sure why.

I agree withe their products but this office and line is obviously corrupt!!!!! DO NOT DEAL WITH THE PUCKETT HIERARCHY IN SHREVEPORT, LA, YOU WILL GET A LOT OF PROMISES WITH NO FOLLOW UP.

Guest

To ANYONE interested in the Primerica MLM:

Cut your losses NOW and NEVER go back. Unless you can hassle them for a refund (and they'll still keep some of the money for "processing fees"), the money you lost is lost forever. Consider it a lesson learned.

The Primerica system is designed to award recruiters, not salespersons. You will NOT advance in Primerica simply by being licensed and selling their products. You MUST recruit, recruit, recruit. You will be expected to bring in fresh blood (and their fresh list of contacts) on a very regular basis (your list of contacts was eaten up by your RVP right after you joined, so they're out the window), using whatever methods are available to you. You will be taught that EVERYONE is a potential sale, and that EVERYONE is a potential recruit, even those who aren't suitable in the slightest. Only then can you advance in title and actually make even a small commission from sales.

If you did get licensed, don't expect to be able to sell products elsewhere, either, because that contract you signed when you paid $99 probably has a TWO-YEAR no-compete clause. They own every bit of business you have brought in, and you have to work that business under their rules and you are subject to the whims of your RVP, however immature, unethical, or shady they may be.

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Anonymous
map-marker Columbus, Ohio

Stole money from my 18 year old daughter!

My daughter entered a local thrift store to apply for a position. The position the lady "Rocky" was hiring for was insurance agent/financial planner. She was a good sales person and offered training. She told her that all she needed to get her started was her bank account number and routing number. My unsuspecting daughter gave it to her. She had not been exposed to such a crook before so she trusted her to do the right thing. She was told that she had 30 days to change her mind.

Cassie called her back when she got home and told her that she had changed her mind. The lady said ok.

Soon after, she began getting overdraft notices and decided to look into it only to find out that this company was taking money from her account. They cleaned out her checking account and began working on her savings account. When the lady was questioned, she remembered that Cassie had called her but that it was too late. She did not tell Cassie that. Bottome line. She cant get her money back.

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Loss:
$124
16 comments
Guest

Someone responed to a job i applyed for online, told me i will get my money up front blah blah blah, they were gonna wire me money, then next thing you know i havent heard from them,i didnt give them a account number before i caught on to the scam Powelgarri@***.com was the email, they wanted to know if i was a female or male and was i single what does that have to do with a job, theres creeps in this world

Guest

Seeing as how you do not know that Primerica and Prime America are two different companies, I can see you as well as your daughter did not do the proper research before posting your comment to this website. If either of you had a clue you would be in Primerica making serious money. But as an agent that makes well over $600,000 a year, I will appolize for the person that recruited you, they were obviously in the "wrong market"!

Guest

someone I know just got "hired" there but found out that this was a scam so they are not going in but since they have his ss# can they ask for the application back so they dont have that info?

Guest

Your Daughter wasn't scammed. She gave up the info!

When she changed her mind she had to request a refund which takes time to process. If the company is Primerica you are talking about, they will refund the money no problem.

Guest

:( Didnt you teach your daughter not too give out personal information and too always ask questions when applying for a job.

Guest

:sigh

To those being demeaning and nasty...

Just because a young girl was overly trusting and made a mistake is NO reason to demeaning and nasty. At least she is trying to be a decent person...a skill you seem to lack.

Guest

If your daughter was sitting with a PRIMERICA rep then the one time fee of $99.00 would have been required for your daughters back ground check. A $25.00 monthly fee for a Primerica online subscription would NOT be required if your duaghter didnt want to have access to it. Your daugter has 120 days to request for a refund -$30 for processing.

**** There would NO way for Primerica to draft from a savings account unless it was given to the company.

NOW if it was Prim America then your daughter was most likely scamed.

Guest

You guys are very rude.

Guest

:grin y the heck would any adult give their personal info out to a stranger?????

Guest

HEllo Miss....You daughter was treated very unfairly..I work for a Legal company that is on the NYSE and has been serving people with needs such as yours for the past 38 years...please contact me. Cailyn_Smith89@***.comI look forward to helping you and your daughter get her money back.

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MaryhatesPrimerica
map-marker Orlando, Florida

PRIMERICA - RUNAWAY - RUN RUN RUN!!!

Thank you for this site & the people who pose on it!

I am working with Primerica now, but I will be turning in my resignation tomorrow.

I have taken my rvp to see my parents, my Uncle, and my cousins and I was very happy what did for them. I just got my licensed last month and was able to do my best friends insurance. Monday I come in to the office and find out my best friend's policy has been rated due to diabetes. Her cost went up from just under $40 a month to almost $80 a month. I understand life insurance can be rated, but what shocked my was that Primerica will not pay commissions on the rating. I was told by my rvp that no company pays on the ratings so I took it at face value. My best friend was a little upset about the rating and called me with this site 2 nights ago. I have read every post going back nearly a year! I was shocked. I asked my rvp about some of the things brought up on here. He was not happy. I asked about the loan we did on my uncle, about primericas life policy expense, I asked about residuals, I asked about the average pay of the pt & ft reps in his organization. He went from being my best friend to yelling at me. All I wanted was the truth. He said primerica offered the best products for the middle income families. He told me that this was a crusade and that if all I wanted to do was sell I should find another company. I was blown away. This guy played the role of the perfect Christian, family man, and businessman, but in the end he showed his true colors. Following the advice of this forum we made some calls of the family he wrote life insurance on. I was shocked!

My parents had a 20yr policy with primerica. I called a broker and got a quote with ING & Banner for over $60 a month cheaper than primerica. This was the same amount of coverage.

My bestfriend's policy might still be rated, but I was told that Banner is pretty good about accepting policies with people with diabetes. He told me that the compensation is the rest of the insurance industry uses is that the pay is based on the annual premium. If the policy is rated you get more commission. Just another way primerica rips off their reps.

My Uncle had a 25yr policy with primerica. The quote we got for him was for 2 ½ times the coverage for $30 less per month.

My Uncle's $MART loan has a pre-payment penalty, but even with that we spoke to a broker and we can drop this rate from 7.28% to 5.875%. We asked for a 20yr loan with no prepay and we shocked that if we can get the new loan will be close to $1,000 a year cheaper and will be paid off in 20yrs instead of 22.3 years with Primerica. What a rip off.

I hate this company and everything they stand for. I have read about the koolaid and I know that I was drinking it. I will make sure everyone knows about these guys & the fake feel good meetings they do.

To the person who has mentioned they just want to get into your family and friends you have no idea how right you are. We recruited 3 people and all they wanted was to see 3 people immediately. I am telling everyone I know with primerica insurance to check around.

Wow was I *** to fall for this stuff! Please look closely at primerica before you join and feel the same way I do. The people in primerica are very skilled at coming across as your friends and saying they do what is best, so be wary. The truth is they will sell you and you family expensive products and could care less about you once your done. If you work for primerica and defend this company keep enjoying the koolaid. I will tell every person in my church, my school, and everywhere I go to avoid this *** company.

Not as smart as I thought I was,

Mary H.

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20 comments
Guest

Did Primerica ever offer a return of premium policy about 20 years ago?

Guest

I really hate that you feel this way. I really wish that you would not speak badly of us. We are good people and are products are great!

Guest

Mary H, perhaps you need to study a bit harder. Slandering others without have all your facts straight is wrong. BTW it's a sin...

Guest

FYI, I'm talking to Mary H. and all the others who are bashing on PRI.

I challenge anyone of you to meet with me and lets have a duel; Let's get three new clients and lets see who is going to help the.

NEED:

-Three: Potential Clients

-One; Trash Value Agent (More are welcome)

Guest

You Guy's are all full of it. And your lack of integrity makes me sick.

Guest

Ha I just ran a quote on my uncle on YourLifeSolution.com after he spoke to a Primerica drone.

Conclusion:

The Primerica rate was about 60% more than what was quoted by YourLifeSolution.com

Primerica...lame opportunity, no added benefit to the customer

Guest

YALLL DUMBBB!!! WHATEVER WHATEVR I DO WHAT I WANT! :p

Guest

Hey "Hey Chris,"

I don't know if they officially at the corporate level say it's a gimmick, but my RVP said it was flavor of the week or just another trend through which PRIMERICA stayed true to its principles.

Yeah, principles of *** people on Mortgage refi's and life policies and annuities.

Primerica sucks.

Guest

Doesn't Primerica teach the ROP is just a gimmic? at least that'swhat an agent told me once.

Guest

"This guy played the role of the perfect Christian, family man, and businessman, but in the end he showed his true colors. Following the advice of this forum we made some calls of the family he wrote life insurance on. I was shocked!"

EXACTLY. My RVP was the same way. He actually talked as though he were Christ. He told several clients all the time, "Open your heart, let me in." Or "I'm the 5 talent man like in the Bible. I can save you money on your house, protect your income, help you save for retirement. Use my talents." Or "Ma'am, if you have faith just the size of a mustard seed I can help you." Geez. Laying it on thick.

And yes, FINALLY FREE, you're right. The offices and RVPs are cult-like, and they do serve the kool-aid.

My RVP would call agents who missed 1 *** meeting. He called me and gave me a hard time.

And we'd do saturday training, we'd be there all day cuz his two teenagers lived with his ex-wife and he didn't have a job. On top of what he did in PFS he also had a $3000 a month check from the military. Ya know, some of us have lives and things to do.

Why would I want a one time commission on a life policy you get nothing out of at the end when a Return-of Premium policy will pay me residuals EVERY year?

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lahrdm
map-marker Milwaukee, Wisconsin

You need to be educated.

Ok. Opinions are opinions.

Everybody has them. There are pros and cons to every business and profession out there, BUT...come on people. Please do me a favor. If you're going to write a review on here have enough common courtesy to be grammatically correct, check your spelling, and write something that makes sense!!!!I've read 8 reviews and 6 of them were completely worthless.

Did they miss out on the first 3 to 4 years of schooling? Coming from a teacher....PLEASE check your work!!!!!!!!!!!! I was actually looking to find information on Primerica, good and bad.

Instead I found a mess and was left with the impression that the people who are complaining must not be very educated to even understand what they're complaining about.

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17 comments
Guest

LAHRDM: KEEP ON WITH YOUR TRASH TALK, YOU ***.

WE GOT YOU HATERS LOCATED, AND FILED. EDUCATE

YOURSELF, FOOL !!!!!!! :upset

Guest

So these are my two cents on Primerica.

1.Primerica is by the standards of Pyramid schemes, a Pyramid scheme.

a. It is a pyramid scheme in that you are recruited and you will probably recruit your team and so forth and so forth.

b. Then your wage is completely commissioned base. You also get commission of your team's overall performance.

c. Primerica, although a MLM/Pyramid Scheme, is by no means illegitimate like the business in previous TV shows such as King of the Hill and married with Children. It does not require you to buy a product/supplies to "start your business."

2. Primerica is not a Scam

a. It is not a scam in that it takes your money away from you and does not give what was promised.

b. People can make tons of money.

c. "Insurance Class." you need to be certified. Do you expect them to pay for your class when you're welcome to come and go as you please? Do real estate agencies or even JP Morgan chase, pay for your Series 7 classes or CPA? The "Insurance Class" at Primerica prepares you for your test and pays for your test. IF you have your certification already, then you have no need for this service and should opt not to take it.

d. Primerica's business is doing your homework for you. They show you quotes of multiple companies (and if they do not they are using improper practices). If you're willing to shop around for insurance (this includes automobile, home, life) and create your financial plan for the next X amount of years, then you have no need for Primerica's services. If you can change your car breaks, you don't need to pay 129 dollars for coscto to do it either or 69 dollars to rotate your tires. (I personally do both myself) Point is if someone provides you a service, then you should pay for that service. Agreed?

3. Every company has bad eggs

a. That guy that called you in for an "interview" is a *** and he lied to you.

b. If that is what happened. Get his name/info, send this info to Primerica support/BBB, this many will not be allowed to use the name of Primerica very long.

c. The proper form of Primerica and the way it was intended is that you merely offer people an option.

d. Some people will cheat and lie. It's completely commissioned based and they will use cutthroat tactics the same as a car salesman, Sears employee, and especially real estate agents. *** of society are scums.

If a Primerica/World Financial group etc etc member approaches you, try to figure out if they're *** or not. I'm optimistic and feel most people are quite honest. Remember that guy trying to "recruit" you doesn't get commissioned if you join his team, only if you "make a sale." He will do his best to train you so you can make money, because it is within his best interest. Can't say the same for many companies you probably see as legitimate.

Guest

So these are my two cents on Primerica.

1.Primerica is by the standards of Pyramid schemes, a Pyramid scheme.

a. It is a pyramid scheme in that you are recruited and you will probably recruit your team and so forth and so forth.

b. Then your wage is completely commissioned base. You also get commission of your team's overall performance.

c. Primerica, although a MLM/Pyramid Scheme, is by no means illegitimate like the business in previous TV shows such as King of the Hill and married with Children. It does not require you to buy a product/supplies to "start your business."

2. Primerica is not a Scam

a. It is not a scam in that it takes your money away from you and does not give what was promised.

b. People can make tons of money.

c. "Insurance Class." you need to be certified. Do you expect them to pay for your class when you're welcome to come and go as you please? Do real estate agencies or even JP Morgan chase, pay for your Series 7 classes or CPA? The "Insurance Class" at Primerica prepares you for your test and pays for your test. IF you have your certification already, then you have no need for this service and should opt not to take it.

d. Primerica's business is doing your homework for you. They show you quotes of multiple companies (and if they do not they are using improper practices). If you're willing to shop around for insurance (this includes automobile, home, life) and create your financial plan for the next X amount of years, then you have no need for Primerica's services. If you can change your car breaks, you don't need to pay 129 dollars for coscto to do it either or 69 dollars to rotate your tires. (I personally do both myself) Point is if someone provides you a service, then you should pay for that service. Agreed?

3. Every company has bad eggs

a. That guy that called you in for an "interview" is a *** and he lied to you.

b. If that is what happened. Get his name/info, send this info to Primerica support/BBB, this many will not be allowed to use the name of Primerica very long.

c. The proper form of Primerica and the way it was intended is that you merely offer people an option.

d. Some people will cheat and lie. It's completely commissioned based and they will use cutthroat tactics the same as a car salesman, Sears employee, and especially real estate agents. *** of society are scums.

If a Primerica/World Financial group etc etc member approaches you, try to figure out if they're *** or not. I'm optimistic and feel most people are quite honest. Remember that guy trying to "recruit" you doesn't get commissioned if you join his team, only if you "make a sale." He will do his best to train you so you can make money, because it is within his best interest. Can't say the same for many companies you probably see as legitimate.

Guest

To get the same trial hours there is/was a difference in price between the companies.

Primerica Legal Protection; $25.00 a month...

Pre-Paid Legal standard Plan :$16.00 a month.

They both offered a free Will, Living Will, and durrable Power Of Attorney. Now the Primerica plan did add some features about helping with soc. sec. and death claime or something like that, but for the same $25.00 a month the client can get more trial hours if they bought a plan directly from Pre-Paid Legal..Bypass the middle man..Does PFS still teach that? Yes as the title says.."You need to be educated"

Not bashing just educating..

Guest
reply icon Replying to comment of Guest-48642

The truth is that the Primerica version of Legalshield provides for Probate of both spouses wills, upon their death, provided that both execute (notarized) the wills that were created by their local legalshield attorney.

- The standard legalshield plans provide Probate at a 25% discount.

With Primerica:

-The legal work(will, living will, etc.) is provided at no additional cost.

-The wills can be redone every year at no cost.

-In addition, it will provide 20 hrs of contested probate.

-The plan must be in force at time of death. Attorney's don't make much money doing wills... they get paid at Probate $350/hr...

for 6-12 months. - The plan works awesome, Probate doesn't cost your loved one's anything & it will get done ASAP, since their is no incentive to drag the process out.

Guest

It's not bashing, it's facts..PFS agents can double check the info. now for a tid bit about your legal plan. If I remember correctly it was basically the same for trial hours for the Pre-Paid Legal standard plan, which is about $16.00 a month. Well with the PLPP I think the cost was $25.00 with the same trial times. I think it was up to 60 hours of trial time the first year and I think 2.5 of pretrial time. Well the key here is if you consider $200.00 an hour for an Attorney the savings can be substantial..

Well for the $25.00 Expanded plan with Pre-Paid Legal directly the first year trial times are 75 hours and 17.5 can be used for pretrial. Thei can be verified by going to the Pre-Paid Legal site. www.prepaidlegal.com

Now tell me why the difference. As I said above it's ben a while since I looked at the PLPP so correct me if i'm wrong. Also guess what? If you left PFS and wanted to contract with PPL directly you have to wait 6 months and of course you are still under the PFS noncompete contract if enforced within your respective state.

Check it out. Something else you can do is contact a Pre-Paid legal representative and ask them for a commission schedule on the products they sell. That's what I did..Boy did I learn quite a bit..I did the same with Long term care..Kool-Aid,,Hey Kool-Aid.. Oh one more thing. In most states there's no licensing requirement to market with Pre-Paid Legal, so people could start doing business immediately..What do you do with people at Primerica who can't or don't want to take the required test? If your an independent agent you have someplace to put them..From what i heard at PFS is if agents didn't get life licensed within a certain time frame they had to go. Yet I could be wrong..

Guest

I'm sure you know the answers to these questions, but I would love to answer them for any Primerica rep or Primerica clients who might be reading this site. If you are on here & work for Primerica, have a Primerica Policy, or are considering a Primerica life policy read closely.

E&O Insurance

When I was with Primerica I asked a couple times about E&O and was told as long as you did an FNA with every client the company would take care of you. Hahaha... Yeah right.... I have never known a single person in Primerica to own E&O insurance.

What happens to a spouse if the other dies?

First off we were told in Primerica that other companies are ripping people off by forcing them to buy separate policies. Just another example of Primerica doing what's right 100% of the time. Here is there reasoning.

1) Saves the policy fee charge for another policy.

2) Allows the clients to bundle coverage to hit the higher banding zones to give them a lower premium.

Now for the truth.

Yes having 1 family policy will save you the $50 - $75 annual policy fee for the spouse. So that much is true, but here is the bad news. If the spouse dies (not the primary person insured, but the 2nd person or spouse) then the spouse must have a new policy written. Now they will not have to deal with medical approval, but it will based on the clients new age. Here is an example:

Mary & John buy a 30yr term policy when they are 35yrs old. John is Primary & Mary is the spouse. 15yrs later John dies in an accident. Mary gets the death benefit from Primerica, but now what to do with the life insurance? Primerica will allow Mary to get her own policy with out any medical questions or test, but it will be based on Mary's new age of 50yrs old. So the premium will be VERY high. Primerica reps will say "Mary doesn't need coverage because she just got a death claim" but that is BS. If Primerica was honest they would offer Mary the remainder of her term for the price she originally purchased, but they would never do that!!!

Mary & John would be better of buying separate policies!!

BTW - Primerica policy fee is $75 per year. All of the carriers I work with now range from $40 - $55 per year. So it is a minimal amount difference in policy fee... ALSO you will save 50% - 70% going with another carrier over Primerica in the beginning!! So who is ripping off who?

Secondly PFS reps love to talk about bundling. So they will save you a couple dollars combining policies. The fact is that Primerica prices are some of the most expensive insurance in the industry. Primerica reps try to scare you into telling you it is value not cost ("If cost was all that mattered we all would be driving Yugos!!). The truth is Primerica insurance is NOTHING special. It is only special in cost. If you want Walmart quality at Neiman Marcus prices, listen to the Primerica Rep and buy their products.

The truth is Primerica is out of touch. Nothing they sell is competitive. When it was just Cash Value vs Term they could compete, but in a world of Term vs Term they loose 100% of the time. Don't be fooled by the rep. They are not the only company selling 100% term. They FNA is not some priced product, it is a childish sales tool. Most Primerica have no clue what out there and just sell that their RVPs tell them is good.

I will say it over & over. Just shop around. If you are smart enough to do your research online you are smart enough to call and get insurance quotes. If you are looking at a mortgage do the same thing. (Ask for a 20yr Conventional Fixed loan). As for investment I have been very happy with T Rowe Price & Charles Swab. Your Primerica rep is not a Financial Expert. He/She is an expert at selling products that benefit Primerica.

Just do your homework & you will be surprise what mess you just avoided.

Guest
reply icon Replying to comment of Guest-48578

Everything written above is wrong. A very misinformed person.

I did my research as suggested, and found his letter to be false. Be careful listening to people like this.

Guest
reply icon Replying to comment of Guest-48578

You sound like you really know what you're talking about. I was thinking of joining Primerica to get my licenses and possibly switching to another company if I felt that it wasn't the right fit for me. Any advice?

Guest

I once heard one if his tapes and he said" That policy is right for himmmm..He's a dad gum dude, right? All I want to do is give you more value for your money, right?"

If he kenw anything about term conversions, he would know they arn't required and in many case the whole face amount doesn't have to be converted. Now if his wife is going around saying you are being investigated for fraud to some extent, she needs to be set straight.

Now for the RVP. God forbid nothing happens to the rep. becasue if he died, I would think his wife may have a case against the RVP or at least his E/O..Wait do PFS agents carry E/O??

Which brings up another question..When one spouse dies what are the other options of the surviving spouse considering they are both on one policy. Same with divorce. How are the policies unbundled? Enquiring minds want to know.

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Naomie R
map-marker Needham, Massachusetts

PFS takes money for my account.

PFS callantlanta is taking $ 25 in my account every month. When I signed for Primarica, I did not know if I would have to pay that money. So, I am trying to find a number to call a representative I can not find any number.I am planing to close the account. I really need help in order to stop it because I am not working right now. Saving money to pay my bill is very important for me.I went to the Bank and they could not located PFS. I guessed that pobably I am not the only victim.How can a company takes money from you each mont and you can not find a number to call and to stop it. I am very mad about the way these companies are doing business.

Naomie from Boston

naomiedieudonne@***.com

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8 comments
Guest

The solution is simple, go to the primerica office that you signed up at and talk to anyone there about a monthly fee and they will tell you how to stop the subscription

Guest

Im having the same problem...This company is a fraud

Guest

If you told them you never wanted it in the first place yet they put charges through every month in spite of it-- Do they refund?

Guest

me too i'm living the same situation

Guest

Please feel free to contact me at Primerica's home office. I would be glad to assist you.Regena WoodPrimerica Financial ServicesDuluth, GAregena(dot)wood(at)primerica(dot)com770564****

Guest

I called that number and had it cancelled..apparently it will take 21days to refund my $25.00. I took down her name just in case as well as the number if there seems to be another issue.

Now they have my $99 and another amount due wandering around in there company.

Which they won't hand back since I need to pass that test to get my whole reimbursment.

Anyone know how to get the rest of the cash back? Rather than taking that test?

Guest

The telephone number to call and have this cancelled is 1-88*-***-****. Hope this helps.

Guest

Dear, that is really easy, go back to the person who signed up that IBA with you and tell them you don't need the call atlanta, and make a letter of cancellation and your done... simple!!!!!

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Allhoneyqt
map-marker Toronto, Ontario

Primerica hustled me before I found out the Truth.

I am so glad that former Primerica reps are speaking up to the real truth of what Primerica really does to people. I especially like what PFS Truth had to say in April 2008. My husband and I joined the business about 2 years ago and slowly rose up the ranks as Divisional Leaders. We were asked to speak at meetings to motivate new people to come into the business. We followed what our RVP told us to do to the letter. Everything was fine as long as we were making money.

We were told that if we were going to become RVP's then we should like Chargebacks. We were told to tell people that term was the best policy to have. We weren't allowed to sell any other product outside of what Primerica had. We were not allowed to advertise (our) business because head office wouldn't allow it. We were told, "we were in business for ourselves but not by ourselves."

None of what they said to us was true. We were not running our own business. All we were was a means for our upline to make more money for them. If you are a new person showing up for a business opportunity then you really don't know things until you hang around long enough. The person who invited you in the meeting doesn't tell you anything until you get to the office and they show you a film. They most of the time come across as being your friend. Inviting you to their house introducing you to their other family. Giving you supper etc....

This is done to let your guard down. You think to yourself if this person invites me to their home then maybe I should trust them. They act like your friend because they have an invested interest in you because of your warm market.

I'm not bashing Primerica people, rather stating the truth. We didn't leave Primerica because we weren't making money either. We had a better offer! An offer that would enable us to tell people the truth from the beginning. As things were revealed to us we couldn't continue working for an organization who deceives people. There are alot of others who are working with Primerica who really believe they are doing the right thing.

All I can say to the Primerica supporters is that if there is smoke then there is fire. Primerica is not the victim here and doesn't not need people like you to shout out others who think there is something wrong with Primerica's methodologies.

I wonder how many current Primerica reps have read their IBA Agreement????? So my advice would be to read your IBA Agreement before you shoot your mouths off to others saying that their negative. TELLING THE TRUTH IS NOT NEGATIVE!!!!

Everything PSF Truth wrote is the Truth! I don't even know who this person is but I can tell that they know how Primerica doesn't business. By the way, CITI Group has not been in business for 30 years. Primerica has been formerly named A.L. Williams. So don't push the Citigroup stuff cause you all know that Citigroup is doing really terrible right now. Especially regarding the class action lawsuit against Citigroup for deceiving investors. Do your research people! As far as I can see anyone who disagrees with facts are just trying to be wrong and strong.

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16 comments
Guest

Stop hating.Go to Work!Like you would for any other company. Or your grass!

Guest

Wow the hate from the competition is real lol.

Guest

How do I leave it?

Guest

I need help getting out. To start out they asked for $125 and $25 is taken out every month from my account. How do you get out?

Guest
reply icon Replying to comment of Guest-1177202

How did you get out

Guest
reply icon Replying to comment of Guest-1177202

Primerica competitors J P Morgan Chase, Vanguard, Fidelity, Goldman Sachs, Wells Fargo have all invested millions of dollars on their competition, far more than $125...maybe Primerica’s competitors and their paid investigators know something that you don’t!Google Primerica’s Largest Investors:http://investors.morningstar.com/ownership/shareholders-major.html?t=PRIYou invested $125 for your license, Primerica invested $450 for your license. Who’s losing?

The $25 seems to be a liability to you because you’re not working. If you’d stop being lazy, it would pay for itself. If you want out no one is holding the following hostage... quitters, people who can’t make up their own minds, feeble-minded, indecisive fickle individuals who can’t think for themselves, those lacking character to stand strong when the wind blows against them, liars, gullible skeptics, blind followers of nameless bloggers, losers who let their competition psyche them out of winning for their families!Call the home office tell them that you’d prefer to give up on your family’s dream & work a job for the next 40 years, retire broke and die.

They’ll stop crediting your account. Then Just stop going, continue to be a deadweight and deadbeat by not working, Duh!

Makalah Xth
reply icon Replying to comment of Guest-1177202

loser!!!!!!

Guest

Hi my name is Michael Groves ,I too have had some bad experiences as well , But I have found Capital Choice and is similar to what Al Williams was but better, not PFS. If you are interested in the same opportunity but a whole lot better.

If you want to make it and not have any give ups or any *** you described give me a call.I will give you an offer you will not want to say no to. I know axactly what you went through and believe you are on the money. You can have better than you had and MAKE more money here .

I recruited two RVP's and one has made 1.3 million in 8 yrs personal production mostly, the other more than 500,000 in 6 yrs. If you want the same opportunity call 860 806 **** we will talk

Makalah Xth
reply icon Replying to comment of Guest-775861

Loser!!!!!

Guest

How do you get out of primerica if you signed a contract yesterday??

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