Primerica is a company that has clearly received a lot of attention on this and other sites on line. If you are considering working with Primerica and you have half a brain then do your research about the company from independent sources like the Better Business web site, www.bbb.org instead of blogs filled with insurance agents out to smear their competition.
I own a Primerica life insurance policy, a mutual fund investment from Primerica, and a financial plan and I am more than a satisfied customer- I am delighted with the service and products.
Claims that suggest you can receive cheaper insurance have no basis since no one can say that without taking a medical exam and telling you your health status and cost of insurance.
Regarding the business structure, it operates like any other business which has a CEO on top, Vice Presidents below, Managers below them, and staff below them. So would anyone call Microsoft a pyramid? As a matter of fact if you check the definition of a pyramid in the dictionary or Wikipedia, you'll see that it is an illegal entity where people get paid to receruit people. No one gets paid to recruit in Primerica. One only benefits if a recruit does business, just like any Manager in any company who only benefits if his employees are working.
In terms of claims of being a scam, ask yourself this question: why would companies like MetLife, Oppenheimer Funds, Genwirth, and countless others agree to do business with Primerica and allow the company to market its products (like MetLife Variable Annuities) and risk their image with a company that scammed people? The answer is that this is yet another baseless accusation by insurance agents attempting to smear the company as a competitor, since Primerica replaces more competing companies' insurance policies than anyone else. Do you think primerica's competitors would think highly of the company given this fact?
The bottom line is that this is a legitimate company where people who are willing to work hard to recruit and do business and remain coachable (instead of thinking like they know it all) do earn major amounts of money.
This is a get rich slow opportunity, not a get rich quick one.