Take heed to the warning. I wish I had. I was a desparate single mom trying get out of the rat race. I lost my job because I got hit by a car. The company I had worked for was mid-sized and did not want to take the hit on insurance by entering my claim. So I was fired. I had no insurance and ended up on assistance to make ends meet while on recovery. While in physio, one of the clients came up to me and said she was from Primerica. I didn't know who they were, but little by little -she talked to me about what she did. I wanted to get into the insurance business, thinking I could make money there.
She invited me and I went to my first sit in. Nothing spectacular, just testimonials about people who were once in a hard financial position and are now pulling in $50K+. It took 3 meetings before I was convinced that I could be there too. Well, I plunked down $185+ on the table and signed the dotted line. Then, the following week I was informed that I had to pay $3 to every seminar that I attend hereon in. Then at the seminars, if I was interested in reading any of the materials or using any of them to captivate potential clients, then I have to pay for that to (cost range: $2 - $25 each). Not even a week and a half and I was enrolled into an intensive course to acquire the LLQP insurance. Come to find out that $165 from the $185 given to these people was to pay for the license. There were 2 weekends of intensive training. Out of a class 60 people, I was part of the 10 that passed the prelimenary exam. I was assigned to a supervisor. The supervisor hung around my like moth to clothes. it was a wonder that I could go to the bathroom by myself when he was around.
I still kept speaking with the woman who originally told me about Primerica. She still made nice with me and inquired how I was liking Primerica. I told her I liked it but did not agree with having to give my supervisor the leads I worked so hard for. My supervisor, would take me to local meetings every Sunday, where a group of 15-20 people would come to share there hopes and dreams. We'd watch inspirational clips about various people from various backgrounds. We'd read books together about Think and Grow Rich. We's share successes, eat together, talk together, cry together. It felt like a family. Until my 2nd month. I still didn't produce a sale. I spoke to friends, family, neighbours, strangers - you name it, I spoke to it!!!
I was told that I didn't try hard enough, I didn't believe enough, didn't say the right words, didn't wear the right clothes. I was told thatI should be working my good looks. I was told if I was smart, I'd of gotten at least one by now. I left dejected, My supervisor saw how visibly upset I was and trie d his sexual advances. The guy was a rat! He was married. I refused him. And rejected them. Primerica is a cult. They throw lovebomb celebrations using residual income that those who make insurance sales should be receiving.
By the time I left Primerica, and it wasn't even 6 months - I was more poor then when I went in. If you read the fine print, you'll find that if you have another business on the side you have to choose between Primerica or the other business. If you choose the other business, Primerica has the right to take your leads and business away. They charge you for everything and fill you with pipe dreams. They try to make it so easy when it is not and dehumanize you for not producing. You can't even get your own business cards without your supervisor's name on it!!! Whatever you work for, your supervisor gets a huge chunk of the profits - while you are left with little. Guess those people who made $50K+ did so off of those who produced leads and left just like me. Save yourself the time, money and grief. If Primerica comes knocking, run like ***!!!