Primerica Financial Services ripoff.you will never earn the amount of money they say you'll earn! fraudulent ripoff business Burlington, Boston Vermont,Mass
after bieng in this company for 2 years i was a regional vice president,the highest earner in the state of vermont,i saw countless countless people buy into the scam of bieng financially independent and lose thier jobs,families and all they had worked for because they thought they were going to be rich---SCAM!!!!!
after a upline agent sells all of thier friends and family(thier natural market)they are stuck in the middle of nowhere with nobody to go see and with NO TRAINING!--all the upline agents want in new recruits is thier natural market so they can go sell them insurance(they make a 100% commision on the first year premium,ALL ADVANCED UPFRONT!)and the trainee gets a measily $75 training pay....folks these people are preditors of people and don't care 1 friggen hoot about god,family or "whats right"----i was with this company for 2 years and when i went to my snr nat sales dir Gary Payne,he made my life a hell because of his lust for money--
before you get involved with anyone from this company call your local chapter of the life underwriters,call AT LEAST 5 OTHER LOCAL INDEPENDANT INSURANCE AGENTS-OR 5 OTHER PEOPLE IN THE FIELD--GOOD LUCK!!
david
south burlington, Vermont
5 Updates & Rebuttals
mike
colchester,Vermont,
amway is amway is amway is amway is amway is amway is amway etc .....
#6UPDATE EX-employee responds
Wed, September 04, 2002
I remember when i was "drinking the koolaid" and no matter what anybody said i looked at Primerica through rose colored glasses...(Don from missouri)
YO DONNIE BOY!!!--the guy gives you complete specifics on how people were led to make alot of money and how they were mislead.the fact of the matter is that EVERY SINGLE ONE OF YOU WRITING IN TO THIS should photo copy your checks and let us all see how much money you are making,lets see your 1099!!
Don,face the Truth!Primerica markets loaded mutual funds(loaded means the custumer pays horrid charges!!)thier term insurance is a pittifull product--mortages are taking advantage of the consumer!!!I walked away and i was a rvp i made $55000 the prior year!you know why i walked??because I,bieng the leader I am,not a follower,called 10 life insurance agents and went to lunch with 3 of them. i realized that i was bieng mislead and in turn i was misleading customers.
I CHALLENGE EACH AND EVERY ONE OF YOU PRIMERICA AGENTS!!BE A MAN!!DO WHAT I DID..I WENT TO LUNCH WITH 3 REGULAR INSURANCE AGENTS AND THEY EXPLAINED IN DETAIL WHAT THEY DO FOR CONSUMERS!I PROMISE YOU'LL HAVE A MORAL DECISION TO MAKE,,BUT BIENG THAT MOST OF YOU PFS AGENTS ARE SORRY FOLLOWERS THAT HAVE LITTLE TO NO LEADERSHIP QUALITIES YOU WON'T--I HAVE NEVER LOOKED BACKI NOW KNOW ONE THING FOR SURE.......
AMWAY IS AND ALWAYS WILL BE AMWAY!!
Don
Springfield,Missouri,
Show Me
#6Consumer Comment
Tue, September 03, 2002
Primerica showed me how to save money on my life insurance without losing coverage. Then they showed me how to take the money I saved and put it into mutual funds. At no time did they suggest quitting my job, in fact the core of their program was based on my continued employment. If you choose to slander Primerica by making claims of their abuse at least show me some actual facts instead of making blanket statements like "they made my life hell".
Don
Springfield,Missouri,
Show Me
#6Consumer Comment
Tue, September 03, 2002
Primerica showed me how to save money on my life insurance without losing coverage. Then they showed me how to take the money I saved and put it into mutual funds. At no time did they suggest quitting my job, in fact the core of their program was based on my continued employment. If you choose to slander Primerica by making claims of their abuse at least show me some actual facts instead of making blanket statements like "they made my life hell".
Don
Springfield,Missouri,
Show Me
#6Consumer Comment
Tue, September 03, 2002
Primerica showed me how to save money on my life insurance without losing coverage. Then they showed me how to take the money I saved and put it into mutual funds. At no time did they suggest quitting my job, in fact the core of their program was based on my continued employment. If you choose to slander Primerica by making claims of their abuse at least show me some actual facts instead of making blanket statements like "they made my life hell".
frank
hartford,Connecticut,
some stuff is true
#6UPDATE Employee
Sat, August 31, 2002
i guess some of the stuff is true as you must contact everyone you know and give them to your upline..how else would you get started?i know thatonly 2% of the people who start will make it 6 months but that means that you are better than 98% of the people if you make it-i have been selling for 1 year and i feel i'm maybe one of the lucky ones!!