As far as Primerica - they certainly are not a scam as several people have suggested. They used to operate under the name of their founder A.L. Williams. They basically sell life insurance. They are essentially a Life Insurance network marketing company. I know they also have other products.

The bottom line is this, while they certainly are a legitimate and reputable company they certainly aren't what I would consider a great opportunity. Their rate of growth being a company as old as they are is not great and thus your expected sales growth would also probably not be great. When you're starting at zero this is tough. I should know I've made a very good full time living for over 10 years combining internet and network marketing.

Primerica is too much selling for me - as well as I've done over the years I certainly wouldn't touch them as they don't satisfy the criteria I look for in a successful opportunity.

Basically they fail two major points - one annual sales growth and two numbers of people advancing in ranks each month, combined with an upward trend.

I like to look for a company at least five years old that takes off with double digit monthly growth with solid management. These are hard to find but they are out there.

Primerica is a great company, and it can also depend on who does your interviewing and who is your manager/leader.

No matter what career you end up having, you'll still have to work your butt off to get to the top. So, what is better? climbing the corporate ladder never reallying having control over what will really happen, or at least giving yourself a chance with this. The only people who think this is a get rich scam are the ones who wanted to get rich quick. Reality is, you have to work hard to make money. This is for someone who wants to do more than take orders from somewhere else. It is also comparable to why some people are meant to be managers and some meant to be the minions at companies.

like i said, i think its great. Its worth a chance.

As For World Financial Group?

If you people knew anything about what you were talking about, you would stay away from them!

Their Leader: Hubert Humphrey: you can't trust a word he says.

He was once a top producer with Primerica, selling the crusade, and claiming to help families by doing what's right for the consumer.

Now, he is out there ripping people off by selling rip-off products and services like cash value life insurance, adjustable rate mortgages, and wrap-fee investment accounts.

Oh,you people really don't have a clue do you? It's like thinking the world is flat for you folks.

(Lord forgive them for they know not what they do!)

Sincerely,

Tim Stewart

"Termite for Life"

I have been involved in this business for about 2.5 yrs. But only passed my provincial LLQP (life license qualifying program) 2 months ago. Hey, life happens, and I got busy with other things. Since getting my license, I have done 1 appointment (about 3 hrs work) and got paid $270. That's a heck of a lot more than my "full time job".
One thing that I have researched and found, is that most people that bash Primerica, are the ones that either didn't work, or work for the competition.

Even before I signed in, I saw more value in their products than the ones I had purchased from other institutions, cash value insurance?? come on, you pay for 2 products, but you will ever only get one in the end.

And even if you take the cash savings in the end, which adds up to what, maybe $75 000 for the average policy? who can retire on that? that's what the agent will sell you on. Invest $50 per month, for 35 yrs, at say a 10% rate of return, you only put in $21 000, but it grows to $191 890.00. That's a tad better than cash value at $75 000 for a $100 per month policy.

These are just examples, but the odds are much better than the other way.

Their products are fine, I don't have a problem with that, it is CitiBank after all, it's the business model I have issues with. 95% of Primerica members fail. The average yearly income for a Primerica sales person is somewhere around $2,000.
I agree, term insurance is better than whole life insurance, any financial advisor will tell you that. Primerica basically sorts through a person's finances and shores them up to make room for that person to be able to afford the Citi financial products. Most people don't know how to handle their finances, and Primerica takes advantage of that fact. Now, if there were a financial services brokerage that worked with several financial institution's products, and provided the same financial planning service as Primerica, I'd feel a lot better about that. But the business model would also have to be much better, because the failure rate for their sales people is ridiculous.

Regarding the failure rate of Primerica.

It is no different than anything else in life. You want to be a corporate executive? Well what is the failure rate for that?

Well let's start with college: Half of college freshman drop out their first year, then only about half of those actually graduate. Out of those probably only about 2%, go on to climb the corporate ladder?

What about a professional football player: Well only 1 in 17 high school players, will ever play college ball, and about 1 in 50 of those will ever have a chance for the pros. Out of those, about 2% will become a starter in the NFL.

Any other subjects you would like to compare?

It is same in any field.

My wife is in real estate: Most people who start their real estate classes do not even finish the courses. Many of the ones that do, do not take their licensing exams. Out of the ones that take them and pass, only about 20% stick around for more than 2 years. Ultimately only about 2% go out and build great real estate companies.

The success rate in Primerica is the same as anything else in life. There is nothing wrong with the model. It is in people where you find fault.

If it were easy it, wouldn't me worth it.

AND JUST SO EVERYBODY KNOWS:

This forum site may not be that credible. I posted a comment about my experiences in the business, and that of my folks, and their tremendous success with Primerica, and my post was not posted.

I guess they didn't believe it!

never mind, I see the other post above.

I'm sorry for calling some of you losers. I'm just backlashing at the bashers.

As stated before, every company out there has winners and under achievers. Just so happens that Primerica has more millionaires, and reps that earn over $100k per year than almost any other company out there.