Complaint Review: Primerica - Miamisburg Ohio

I'd like to take a different tact to this arguement. First, I owe some small things to Primerica because, as soneone who joined for a few weeks, I regained my feet in financial services through one of their meetings. Now the meat. I choose not to stay in Primerica for the following reasons: 1. I didn't like being a slave to some RVP who didn't know her a*s from a hole in the ground about investing! 2. I don't believe in a structure that undercompensates those doing the work and overcompensates those doing the recruiting, the balance didn't feel right to me. 3. The training in financial analysis was just pitiful, with many instances of false or misleading information passed on to people who were then going to spread that misinformation to 'middle America'. 4. I decided to leave and am now about halfway through my Certified Financial Planner education. Isn't is strange that nomatter what AM Best said, (Remember these guys also get financial information wrong occassionally, ie. AIG) that Primerica sends some poor schmuck without a clue about Financial Planning to his friends and family after one weeks worth of training, while tax attornies, CPA's and yes even qualified insurance executives need to spend years to qualify to provide similar services under the banner of financial planning. No matter what you say, the people in Primerica don't understand that TERM insurance, while valuable, doesn't provide ANY long term death benefit and that some financial matters need to be covered by LONG TERM death benefit. They don't understand (in Illinois) that 529 plans often make more sense than Educational IRA's. They don't understand, indexed annuities, variable annuities, UL, the relationship between trusts and investing, strategic long term planning, rebalancing. How to determine RISK for clients, how to effectively manage debt. They don't understand full well the required disclosure rules. And they don't know that they don't know these things and that is the most dangerous of all. Now I'm sure I can get a rebuttal from some Primerica rep who says he / she knows all these things, but I guarantee that the rest of his / her downline probably does not, and oh by the way how many Primerica REP's, RVP's or higher have the title CFP, CPA, or CLU in their title. What training programs does Primerica endorse to gain that kind of credibility with their 'agents'. If the answer is none, let the buyer beware! BK in Chicago

Funny how I rebutt Paul from Cape Coral and the other Paul comes on. Part of the reason why I think they're one and the same. Paul from Brooklyn suffers from the delusion that his opinions are fact. When Paul says that he debunked me, then where's his proof? He thinks I twisted the meaning of Primerica websites in his delusional mind. Let's review the evidence: (1) Visit the following website: http://ww3.primerica.com/public/primerica_disclosures.html I excerpt in part from this website: "The Financial Needs Analysis is not a financial plan. The FNA should be construed as a guide for you to use in deciding how best to attain your financial goals. Representatives are compensated through commissions or referral fees on the sale of financial products offered by the financial product companies they represent. Representatives are not financial planners, investment advisors, financial consultants or other specialists who provide financial advice" The FNA is not a financial plan. That's what it says. (Primerica) representatives are not financial planners, not investment advisors, not financial consultants, not any specialists who provide financial advice. Just goes to show you that Paul of B. just likes to shoot off his mouth that he debunked me. This comes straight from Primerica's website. They're warning you (the buyer) that you're not getting professional advice. Why would anyone trust their finances to a Primerica rep who is NOT profesionally qualified to do financial planning? From the same website: "Personal Income The earnings listed accurately demonstrate the range of earnings achieved by top earners in our sales force of more than 100,000 representatives. Most RVP/Representatives do not achieve these levels, so you should not consider these results any guarantee that you will achieve any specific earnings level. Your earnings are dependent on your own efforts and abilities. Actual earnings also depend upon the organization size that you build, the number of sales and override commissions you earn and the efforts of your downlines. The earnings shown represent gross income only." This is a shocker because most RVPs (Regional Vice Presidents) who are executives are not achieving the earning levels of those who are making six- figure incomes. Paul says you have to work your butt off to be successful with this company (check his postings) and it's a great disappointment to many that even most RVPs (Primerica's own words so you can't debunk me Paul, sorry) don't make six-figure incomes, even when they have downlines. If you claim otherwise Paul, then give us solid proof and make sure it's more recent than 2001 (are you a RVP Paul? What's your income level? How big is your downline? How many hours a week do you devote to Primerica? What portion of your income comes from your downline?). (2) Now check this website: http://ww3.primerica.com/public/what/opp/track_record.html It indicates that only 1.5% of Primerica's workforce make a six-figure. When you read the fine print: "The earnings shown represent gross income only.", that's telling you that that the income is before deducting business expenses such as rent e.g. so the net income can easily be half of the gross income. There's another curious fact about this website: there's nothing there stating that the income is yearly. Based on the heading: "A 24-Year Track Record of Success", I can legitimately claim that the actual gross income of the top earners is less than $5,000 a year. It just goes to show you how misleading things can be until you check out the bottom line. The only way you can debunk me Paul is to have Primerica state in writing (hopefully more up to date than 2001) as to how many net income earners they have making six-figure incomes PER YEAR. Surely your masters must have that information unless they have something to hide. So put up or shut up, your choice.

Again I quote: "It is very obvious now that you have nothing of value to post." Since that's your opinion, Paul of B, that doesn't hold much water since you're obviously prejudiced for Primerica. I find it interesting that whenever I address Paul of CC, you keep popping in. Are you sure that you two aren't the same? It's nice of you to ask the public to check our postings as I'm sure that they have, and will see, that I debunked you. You even attack me when I quote directly off of Primerica websites while I post their links so that the smart public can better understand Primerica. Again it's curious that Primerica hasn't updated their 2001 website as I strongly suspect that the predictions that they've made about the following year has fallen far short (and subsequent years to boot). Since you work for them Paul, why not contact your masters to update the website and show us how many new people are making those "six-figure incomes" (maybe they're planning on waiting another 24 years to do this). Just goes to show you how Primerica's long-term strategy can pay off.

It is very obvious now that you have nothing of value to post (you never did, but until I debunked your garbage, it sounded good). I state that because you have been reduced to attacking (in this case against Paul of FL). You don't answer my retorts anymore because you cannot. I suggest that all read the conversations between Stuart and myself. And I am sure that Stuart will state some inane thing about me here.

Quoting: "I haven't been around for a week or so. I'm sure you'll point that out, regardless. Fact is, I just lost my assistant from my full-time job, so I'm doing twice the work for the same pay. Sound familiar? Regardless, I just am going to make one quick comment. Paul from Brooklyn and I are not the same person. I have no idea how exactly to prove it to you, except maybe the difference in our posting styles (I know, we're both shills for Primerica - we might as well be the same person, right?) Either way, we are seperate entities. I guess you could ask the ripoffreport editor to confirm two seperate people, but I'm guessing you won't. I also take issue with the fact you've quoted my math mistake a few dozen times on various reports across this site, but not once have you accepted my apology, posted on another report. Thanks for the effort. I'm sure whoever you work for is very proud of you. Who was that again? Oh, right. You've NEVER said." (1) In response to "I haven't been around for a week or so. I'm sure you'll point that out, regardless. Fact is, I just lost my assistant from my full-time job, so I'm doing twice the work for the same pay. Sound familiar?" Of course that sounds familiar - that's Primerica except Primerica would be less pay. (2) In response to "I also take issue with the fact you've quoted my math mistake a few dozen times on various reports across this site, but not once have you accepted my apology, posted on another report. Thanks for the effort. I'm sure whoever you work for is very proud of you. Who was that again? Oh, right. You've NEVER said." "... a few dozen times..." just goes to show you that once again you can't do arithmetic because I challenge you to come up with all of the dates where I posted that (you won't even find half a dozen). With regards to your "apology", what date was that?

Quoting: "I haven't been around for a week or so. I'm sure you'll point that out, regardless. Fact is, I just lost my assistant from my full-time job, so I'm doing twice the work for the same pay. Sound familiar? Regardless, I just am going to make one quick comment. Paul from Brooklyn and I are not the same person. I have no idea how exactly to prove it to you, except maybe the difference in our posting styles (I know, we're both shills for Primerica - we might as well be the same person, right?) Either way, we are seperate entities. I guess you could ask the ripoffreport editor to confirm two seperate people, but I'm guessing you won't. I also take issue with the fact you've quoted my math mistake a few dozen times on various reports across this site, but not once have you accepted my apology, posted on another report. Thanks for the effort. I'm sure whoever you work for is very proud of you. Who was that again? Oh, right. You've NEVER said." (1) In response to "I haven't been around for a week or so. I'm sure you'll point that out, regardless. Fact is, I just lost my assistant from my full-time job, so I'm doing twice the work for the same pay. Sound familiar?" Of course that sounds familiar - that's Primerica except Primerica would be less pay. (2) In response to "I also take issue with the fact you've quoted my math mistake a few dozen times on various reports across this site, but not once have you accepted my apology, posted on another report. Thanks for the effort. I'm sure whoever you work for is very proud of you. Who was that again? Oh, right. You've NEVER said." "... a few dozen times..." just goes to show you that once again you can't do arithmetic because I challenge you to come up with all of the dates where I posted that (you won't even find half a dozen). With regards to your "apology", what date was that?

Quoting: "I haven't been around for a week or so. I'm sure you'll point that out, regardless. Fact is, I just lost my assistant from my full-time job, so I'm doing twice the work for the same pay. Sound familiar? Regardless, I just am going to make one quick comment. Paul from Brooklyn and I are not the same person. I have no idea how exactly to prove it to you, except maybe the difference in our posting styles (I know, we're both shills for Primerica - we might as well be the same person, right?) Either way, we are seperate entities. I guess you could ask the ripoffreport editor to confirm two seperate people, but I'm guessing you won't. I also take issue with the fact you've quoted my math mistake a few dozen times on various reports across this site, but not once have you accepted my apology, posted on another report. Thanks for the effort. I'm sure whoever you work for is very proud of you. Who was that again? Oh, right. You've NEVER said." (1) In response to "I haven't been around for a week or so. I'm sure you'll point that out, regardless. Fact is, I just lost my assistant from my full-time job, so I'm doing twice the work for the same pay. Sound familiar?" Of course that sounds familiar - that's Primerica except Primerica would be less pay. (2) In response to "I also take issue with the fact you've quoted my math mistake a few dozen times on various reports across this site, but not once have you accepted my apology, posted on another report. Thanks for the effort. I'm sure whoever you work for is very proud of you. Who was that again? Oh, right. You've NEVER said." "... a few dozen times..." just goes to show you that once again you can't do arithmetic because I challenge you to come up with all of the dates where I posted that (you won't even find half a dozen). With regards to your "apology", what date was that?

Quoting: "I haven't been around for a week or so. I'm sure you'll point that out, regardless. Fact is, I just lost my assistant from my full-time job, so I'm doing twice the work for the same pay. Sound familiar? Regardless, I just am going to make one quick comment. Paul from Brooklyn and I are not the same person. I have no idea how exactly to prove it to you, except maybe the difference in our posting styles (I know, we're both shills for Primerica - we might as well be the same person, right?) Either way, we are seperate entities. I guess you could ask the ripoffreport editor to confirm two seperate people, but I'm guessing you won't. I also take issue with the fact you've quoted my math mistake a few dozen times on various reports across this site, but not once have you accepted my apology, posted on another report. Thanks for the effort. I'm sure whoever you work for is very proud of you. Who was that again? Oh, right. You've NEVER said." (1) In response to "I haven't been around for a week or so. I'm sure you'll point that out, regardless. Fact is, I just lost my assistant from my full-time job, so I'm doing twice the work for the same pay. Sound familiar?" Of course that sounds familiar - that's Primerica except Primerica would be less pay. (2) In response to "I also take issue with the fact you've quoted my math mistake a few dozen times on various reports across this site, but not once have you accepted my apology, posted on another report. Thanks for the effort. I'm sure whoever you work for is very proud of you. Who was that again? Oh, right. You've NEVER said." "... a few dozen times..." just goes to show you that once again you can't do arithmetic because I challenge you to come up with all of the dates where I posted that (you won't even find half a dozen). With regards to your "apology", what date was that?

I haven't been around for a week or so. I'm sure you'll point that out, regardless. Fact is, I just lost my assistant from my full-time job, so I'm doing twice the work for the same pay. Sound familiar? Regardless, I just am going to make one quick comment. Paul from Brooklyn and I are not the same person. I have no idea how exactly to prove it to you, except maybe the difference in our posting styles (I know, we're both shills for Primerica - we might as well be the same person, right?) Either way, we are seperate entities. I guess you could ask the ripoffreport editor to confirm two seperate people, but I'm guessing you won't. I also take issue with the fact you've quoted my math mistake a few dozen times on various reports across this site, but not once have you accepted my apology, posted on another report. Thanks for the effort. I'm sure whoever you work for is very proud of you. Who was that again? Oh, right. You've NEVER said.

Sorry for combining John and Stuart's answers into one long post. I have been noticing that if I post more than once a day, only one tends to get posted. John, you are correct to be skeptical. The words you use in your posting are very troubling. If your friend used these words in this way then he/she needs to be retrained. -------- You posted: My best friend is trying to get me to join him and Primerica. He's been with primerica for almost a year now.. And every time i see him, he always talks about primerica, This is so annoying.. . But every time i refuse. I answer: It is true that once you see the great work that we do for families, you want everyone to join and you try to talk to everyone about it. So I find his/her exuberance to be normal. And would it hurt to spend an hour at the office to hear the presentation? You are friends aren't you? Afterwards, the two of you can have dinner or whatever. -------- You posted: So he ask me if i want to open up a savings account with primerica, telling me that i'll get 12% return compare to the average 3% with most banks. And that i dont have to become a primerica member, all i have to do is put money in their bank. This sounded too good to be true. Is my friend telling me bull crap? I cant belive primerica is brainwashing my friend. I answer: This is troubling if your friend said exactly that. First, no bank is paying 12% interest on a savings account. And outside of a CD, you won't even get 3%. So the fact you don't believe it is understandable. Primerica provides savings plans (not savings accounts) via mutual funds like Fidelity and others. Historically, the stock market averages just over 12% for almost any 20 year period. In fact, there has been no 20 year period where the stock market has lost money (if you don't believe me check it out yourself). And there have been only a few 10 year periods where there was decline. What do you think the bank does with your money? They invest it. They give you 1% to 3% and they make the 10% to 12%. They are laughing all the way to the bank (sorry for the bad pun). So we advise you to bypass the bank and you invest. But don't take my word for it. Go onto any mutual fund web site and check out the 10 year performance. Here are some Fidelity funds right from their web site. The percentage of growth is listed for the prior 1, 3, 5, and 10 years. You can easily see the effect of the crash a few years ago. Yet the 10 year numbers show that effect of the crash was absorbed. To be fair, I have included a fund which hasn't done as well and a speculative fund that tanked during the crash. (But still did better than the bank! IF you didn't sell it!) We would never recommend a speculative and aggressive fund especially for retirement savings. Remember the three rules of investing: diversify, diversify, diversify! Fund Name 1Yr 3Yr 5Yr 10Yr Large-Cap Growth 15.07 9.99 1.62 13.81 Fidelity Growth Company 12.12 1.80 -5.89 12.57 Fidelity Asset Manager: Income 4.37 6.32 5.14 7.55 Fidelity Aggressive Growth Fund 4.39 -3.52 -20.23 6.11 We are required by the NASD to always include the disclaimer that past performance does not guarantee future results. When we teach people The Rule of 72 (ask your friend about this), we use 3%, 6% and 12% in the examples (makes the math easier). People erroneously assume that we are guaranteeing a 12% return just like a savings account. We do not guarantee it and we never state that we do, but people often interpret things in their own way. So your friend is not brainwashed. He/she was just trying to help you increase your savings potential. Good luck ******************************* And now for Stuart: (As Stuart and I have had this conversation for a while and we tend to reference our prior postings, the following can be a little hard to follow. Where needed for clarity, I have added our names next to a pronoun to help identify the speaker or the subject of the wording. I have also used dashed lines at the start of what Stuart posted and bracketed *I answer* with asterisks to identify the start of my retort.) ----------------------- Stuart posts: I asked Paul what justifies his posting to Ripoff Report and his reply: "If you are a business with a report(s) filed against you, you have a chance to make it right. If handled correctly, Rip-off Report(s) against you can actually help improve your reputation. We offer you the opportunity to file a REBUTTAL to any report. (See the REBUTTAL BOX at the end of the specific Rip-off Report you wish to rebut). Every company receives complaints, but how they handle those complaints separates good business from bad business." Since this isn't on the main page, then what's the link to the page listing this? *I answer* It IS there on the home page about 9 paragraphs down the center of the page. http://www.ripoffreport.com/default.asp ----------------------------- Stuart posts: I have been terming Paul as a shill for Primerica for a specific reason. Paul says: "No matter how many times I explain to you the correct meaning of shill it just doesn't sink in! A shill is someone who poses as a CUSTOMER for the purpose of influencing others. I have never stated that I am a customer. I have repeatedly stated that I am a representative. But the truth never deters you from spouting garbage here. Furthermore, the Editor allows us the right to retort to show the world what absolute nonsense you post." But Paul you know as well as I do that you are a customer. Isn't it true that you have a policy from Primerica? From the way you profess your admiration for Primerica, I couldn't picture you otherwise (besides that every sales organization expects their sales rep to participate in their products/services). Whether or not you receive it for free is besides the point, you're still a customer. But you know what Paul I'll cut you some slack on this one as you definitely never posed as a customer. Since it makes you feel uncomfortable to be identified as a Primerica customer, I'll just refer to you as a barker which still makes my point that you'll do anything to dupe people into joining up with Primerica. *I answer* You are really disingenuous. To be a shill, I would be posting on this site as a satisfied customer, telling rip-off that I am a customer, telling everyone how great Primerica is, and never stating that I am a representative. So you got this backwards, as usual. But if it makes you happy, hey everyone, I do own several of the great Primerica products! I post on this site to rebut the garbage that gets posted and to answer intelligent questions about Primerica and the CitiGroup products. And I am shocked that you finally admitted that you are wrong as you definitely never posed as a customer. I guess after posting my rebuttal several times, it finally sunk in. Then you start using another word that incorrectly describes me. I am not a barker. For your education: Barker : one that barks; especially : a person who advertises by hawking at an entrance to a show Primerica is not a show. Primerica is a serious business where we help people. The only ones being duped are those who believe your garbage. ----------------------------- Stuart posts: Paul says: "Stuart stated (about Paul): With all of these mistakes why should anybody pay heed to what you have to say and why would anyone even accept you as an agent as you can easily misquote premiums, interest rates, cash value along with other parameters. I (Paul) answer: All of these mistakes??? What is wrong with you Stuart? There was one, unintentional excerpt from a long cut & paste. And who gives you the right to slander me without proof? How dare you question my veracity when dealing with my clients? This just shows how off-center; how full of venom; how hateful you are. Or are you, as I suspect, a rival insurance agent deliberately spreading negative junk about Primerica." Slander you say Paul? First, it's not slander, it's libel if you want to be technically correct. Second for it to be libel, you must have your reputation damaged which can't be the case as you haven't given personally identifiable info. Third you have made mistakes, for example I'm excerpting a portion of a post you made on 12/30/04: "To continue, you post numbers from our web site. First, they are old (2001) and there are more in those categories. However, I can't give you more updated numbers until Primerica releases them to the public. However, at a corporation with 10,000 employees, are you trying to tell us that the majority make the big bucks??..." 10,000 employees Paul? What happened to the other 90,0000? What's your excuse for this? Why should we trust you? **I answer:** Wrong again Stuart. You did slander me. As your statement was false, slander is the correct term. Libel is often a truthful statement whose public disclosure is inflammatory. For your education: slander 1 : the utterance of false charges or misrepresentations which defame and damage another's reputation 2 : a false and defamatory oral statement about a person -- compare LIBEL libel 1 a : a written statement in which a plaintiff in certain courts sets forth the cause of action or the relief sought b archaic : a handbill especially attacking or defaming someone 2 a : a written or oral defamatory statement or representation that conveys an unjustly unfavorable impression b (1) : a statement or representation published without just cause and tending to expose another to public contempt (2) : defamation of a person by written or representational means (3) : the publication of blasphemous, treasonable, seditious, or obscene writings or pictures (4) : the act, tort, or crime of publishing such a libel As for the 10,000, remember that it states 10,000 employees. Primerica representatives are not employees. So I was not talking about Primerica there. Let's look at the entire posting including what you stated (which was wrong). =================== From 12/30 posting Stuart you posted Not a pyramid-scheme Paul? If it walks like a duck and talks like a duck..., well I'm sure you can figure it out Paul. To help you along I'm going to excerpt from Primerica's own website (the link is http://ww3.primerica.com/public/what/opp/track_record.html) I answer: To anyone reading your stuff Stuart, one might think that Primerica's own web site states that it is a pyramid scheme. It does not, but your clever positioning of the pyramid line and the web site implies that. What does the web site actually state? The earnings listed accurately demonstrate the range of earnings achieved by top earners in our sales force of more than 100,000 representatives. Well, well, that must mean we state the truth. It continues so you should not consider these results any guarantee that you will achieve any specific earnings level. Let me see, that must mean we don't guarantee riches beyond belief!! Again, the truth. It further states Your earnings are dependent on your own efforts and abilities. Actual earnings also depend upon the organization size that you build, the number of sales and override commissions you earn and the efforts of your downlines. That must mean that if I build my business, I will have the potential of making good money. Well, that's the same as if I start a store-front business and build it, I will make money. Stuart WHERE'S THE PROBLEM??? The problem is with you. To continue, you post numbers from our web site. First, they are old (2001) and there are more in those categories. However, I can't give you more updated numbers until Primerica releases them to the public. However, at a corporation with 10,000 employees, are you trying to tell us that the majority make the big bucks?? No, of course not. Only the top people make the big money and the majority of the workers make a little. But you take an ordinary fact and make it a Primerica negative. Please! Your arguments are baseless and misleading. End of 12/30 post ================= I was trying to make the point that when you take a generally true fact (that most employees in any corporation don't make big bucks) and use it as a Primerica negative, that is misleading. I will apologize that the wording was not clear. Why should you trust me? Everything I post is verifiable. The real question is Why should we trust you? Everything you have posted I have debunked, shown how you misuse words, expose your use of trick questions, or otherwise retorted the junk you post here. And finally, I never stated that you hate me. I always state that you are full of hate or hateful. I assume that hate is directed at Primerica, not me. No one would post and post and post at the frequency you do unless they were passionate about doing it. So, once again I ask (which you never answer) who are you (besides an Ex-Primerican)? Why do you post so negatively? How were you ripped-off? How were you hurt? Until you tell us that, I have to assume that you are now a rival insurance agent trying to defame your competition. Answer me so I won't have to assume anymore.

I asked Paul what justifies his posting to Ripoff Report and his reply: "If you are a business with a report(s) filed against you, you have a chance to make it right. If handled correctly, Rip-off Report(s) against you can actually help improve your reputation. We offer you the opportunity to file a REBUTTAL to any report. (See the REBUTTAL BOX at the end of the specific Rip-off Report you wish to rebut). Every company receives complaints, but how they handle those complaints separates good business from bad business." Since this isn't on the main page, then what's the link to the page listing this? I have been terming Paul as a shill for Primerica for a specific reason. Paul says: "No matter how many times I explain to you the correct meaning of shill it just doesn't sink in! A shill is someone who poses as a CUSTOMER for the purpose of influencing others. I have never stated that I am a customer. I have repeatedly stated that I am a representative. But the truth never deters you from spouting garbage here. Furthermore, the Editor allows us the right to retort to show the world what absolute nonsense you post." But Paul you know as well as I do that you are a customer. Isn't it true that you have a policy from Primerica? From the way you profess your admiration for Primerica, I couldn't picture you otherwise (besides that every sales organization expects their sales rep to participate in their products/services). Whether or not you receive it for free is besides the point, you're still a customer. But you know what Paul I'll cut you some slack on this one as you definitely never posed as a customer. Since it makes you feel uncomfortable to be identified as a Primerica customer, I'll just refer to you as a barker which still makes my point that you'll do anything to dupe people into joining up with Primerica. Paul says: "You stated: With all of these mistakes why should anybody pay heed to what you have to say and why would anyone even accept you as an agent as you can easily misquote premiums, interest rates, cash value along with other parameters. I answer: All of these mistakes??? What is wrong with you Stuart? There was one, unintentional excerpt from a long cut & paste. And who gives you the right to slander me without proof? How dare you question my veracity when dealing with my clients? This just shows how off-center; how full of venom; how hateful you are. Or are you, as I suspect, a rival insurance agent deliberately spreading negative junk about Primerica." Slander you say Paul? First, it's not slander, it's libel if you want to be technically correct. Second for it to be libel, you must have your reputation damaged which can't be the case as you haven't given personally identifiable info. Third you have made mistakes, for example I'm excerpting a portion of a post you made on 12/30/04: "To continue, you post numbers from our web site. First, they are old (2001) and there are more in those categories. However, I can't give you more updated numbers until Primerica releases them to the public. However, at a corporation with 10,000 employees, are you trying to tell us that the majority make the big bucks??..." 10,000 employees Paul? What happened to the other 90,0000? What's your excuse for this? Why should we trust you? I do thank you Paul for your apology (see I don't hate you). However I'll put you on notice that I will challenge you when you post onto the Ripoff Report.

My best friend is trying to get me to join him and Primerica. He's been with primerica for almost a year now.. And every time i see him, he always talks about primerica, This is so annoying.. But every time i refuse. So he ask me if i want to open up a savings account with primerica, telling me that i'll get 12% return compare to the average 3% with most banks. And that i dont have to become a primerica member, all i have to do is put money in their bank. This sounded too good to be true. Is my friend telling me bull crap? I cant belive primerica is brainwashing my friend.

I am a former PFS rep and I think that some things need clarifying without all the vitriol. I left PFS because I wanted to do more than sell term insurance and mutual funds. I wanted to do real financial planning and that is not possible at PFS. Here is what PFS is: PFS is a network marketing company first and foremost and a "financial services " company second. What they do is not financial planning it is sales. As for the business opportunity, it is basic MLM similar to any other and nothing special about the hierarchy system. One thing most people don't know and what most PFS reps don't understand is that you don't "own your own business" with PFS Owning your own business means that YOU have control over your clients , your book of business and your sales team. At PFS the company not the rep owns everything. If a rep leaves, he is bound for two or more years not to contact anyone in PFS or any of his clients. As for the service they provide, they really don't have anything special to offer. Maybe when they first started as A.L. Williams they had a new concept and Art Williams actually helped change the face of the insurance industry. But today, most independent reps I know use the basic buy term and invest the difference strategy that PFS uses. A basic flaw in the philosophy of PFS is that they use a one size fits all program. Everyone is sold term insurance and mutual funds and that is supposed to make you rich. While it may be a place to start, the PFS program is ot a strategy for a life time of money management. A Financial strategy has several components: Accumulation (which is all PFS talks about) , disbursement (actally using your money to provide income) and estate planning (leaving something to your family without passing on a huge tax burden). The only reason I can come up with on why PFS ignores the last 2 parts of a strategy is that deep down they know that their clients won't succeed with their plan. Oh and another thing , the Financial needs analysis they use (FNA) is nothing more than a sales tool. It says it is not and should not be considered a financial plan right on the front cover. In this FNA a rep will tell you that your home is part of your net worth. NO financial planner uses a home in a net worth calculation. You will also see a breakdown of your income and debt (similar to what you can do with Quicken). The FNA does a passable job at debt pay off and savings calculations but is really designed to make a client feel uncomfortable about their finances so they will buy a product. As for products: The insurance is expensive, especially for women. PFS uses a unisex rate table where most companies havee separate table for men and women. PFS uses only 3 underwriting classes where most use 6 in order to give more people a shot at a better rate. The conversion option on PFS insurance is poor. Most companies offer to convert a term policy to a permenent plan (this can be a valuable estate planning tool). PFS only offers 2 variable annuity products. No fixed or fixed equity indexed annuities there by limiting a clients choices even more. The mortgages are routinely 2-3 points higher than the rest of the market. The mutual funds have a 5% sales load. These are the only products that fall within industry averages for loaded funds. O.K. I don't want to be long winded so if you are looking for a financial planner, find an INDEPENDENT agent who can search the market and many different companies in order to design a plan with the right mix of products and services for YOU.

Here we go again, the Stuart and Paul debate. And at the end, I have provided some information for the first two posters, Paula and Diana. -------------- You stated; Paul, what justifies you being on this website? I answer: Very simple, I am a representative of Primerica that is being attacked by you. Let me copy the following from the Rip-off website itself If you are a business with a report(s) filed against you, you have a chance to make it right. If handled correctly, Rip-off Report(s) against you can actually help improve your reputation. We offer you the opportunity to file a REBUTTAL to any report. (See the REBUTTAL BOX at the end of the specific Rip-off Report you wish to rebut). Every company receives complaints, but how they handle those complaints separates good business from bad business. But Stuart, you have never listed why you are posting this garbage. Whereas I have many times listed that I am a Primerica representative who is proud to be helping families become debt-free and financially independent and I need to counterpoint the half-truths, innuendoes, fabrications, and sometimes the outright lies that are on these threads!. So, WHO ARE YOU?? AND WHY?? --------------------------- You stated: You're on the wrong website Paul as this isn't a forum for companies to tout themselves. This is a website for consumers to voice their complaints about being victimized by companies. I answer: This proves that Stuart lives in a fantasy world and only sees what he wants to see. I ask everyone to go to the home page to see how stupid this is and how correct I am. I am defending myself from spurious reports. --------------------------- You stated: The EDitor has been very lenient in allowing shills such as you to post onto here probably to help expose the companies by showing how arrogant and foolish companies such as Primerica can be. I answer: No matter how many times I explain to you the correct meaning of shill it just doesn't sink in! A shill is someone who poses as a CUSTOMER for the purpose of influencing others. I have never stated that I am a customer. I have repeatedly stated that I am a representative. But the truth never deters you from spouting garbage here. Furthermore, the Editor allows us the right to retort to show the world what absolute nonsense you post. --------------------------- You stated: Paul, you lack humility by refusing to own up to your mistakes when you misread one of my reports accusing me of being with. I answer: I did misread another of your postings. And I did apologize (but Rip-off Reports tends to delete multiple postings on the same day so when I went to look for it, it never appeared). This is what happened. You copied extensively from an earlier posting by someone else. With several paragraphs copied and only a quotation mark at the beginning and at the end, it is easy to see that an honest error could be made when using words from the middle of the copy. And yes, I did at that time conclude that you are rival agent simply posting venom to try to eliminate competition. And because I believed that you were an agent of a rival insurance company, then you would have been in violation of the spirit of this web site. This site is not for competitors to try to destroy their competition. This site is for consumers and company representatives to air their viewpoints and discuss their grievances. So if that is an apologetic circumstance, then I do apologize. --------------------------- You stated: Another mistake of yours Paul is when you claimed that 10% of the Primerican agents were making over $100,000 when it fact under the best interpretation it's only 1.5% I answer: I did a search and I found the original post by Paul of FL (and not me) that you are referencing. Here it is: And, yeah, you know what, 1000 is only, like 10% of the people in the company. Of course, 53 of them are earning over $1-million. But I ask you, how many people at HBW or Nationwide, or State Farm, or Thrivent, or Guardian, or Prudential are making 6-figures, and have a guaranteed retirement? How many people at any major company are making 6-figures? I would wager to guess (since I don't have actual numbers in front of me), based on my experience in the corporate world, the percentage is far less than 10%. In fact, the companies I've personally worked for, the percentage is 1-3%, with only 2 people I know making more than $1-million - and only one of those cared about talking to people below him. I know, personally, 7 people making in excess of $100,000 a year, one of them making almost $2-million a year, and they're still willing to talk to me and help me make the same money, if I'm willing to work hard. What is so illegal about that? Paul - Cape Coral, Florida U.S.A. --------------------------- You stated: With all of these mistakes why should anybody pay heed to what you have to say and why would anyone even accept you as an agent as you can easily misquote premiums, interest rates, cash value along with other parameters. I answer: All of these mistakes??? What is wrong with you Stuart? There was one, unintentional excerpt from a long cut & paste. And who gives you the right to slander me without proof? How dare you question my veracity when dealing with my clients? This just shows how off-center; how full of venom; how hateful you are. Or are you, as I suspect, a rival insurance agent deliberately spreading negative junk about Primerica. --------------------------- You stated: Paul, I wouldn't blame the EDitor if he were to ban you from this website for shilling for Primerica. However I hope he lets you continue to post here as you're actually helping to bring down Primerica as you keep on putting your foot into your mouth. I answer (yet again): No matter how many times I explain to you the correct meaning of shill it just doesn't sink in! A shill is someone who poses as a CUSTOMER for the purpose of influencing others. I have never stated that I am a customer. I have repeatedly stated that I am a representative. But the truth never deters you from spouting garbage here. Furthermore, the Editor allows us the right to retort to show the world what absolute nonsense you post. ---------------- I don't know why you post this stuff except that you claim to be an Ex-Primerican. You don't state why you are angry at Primerica. You don't state what your grievance is. You don't tell how you were ripped-off. You don't tell your story. You provide no reason for anyone to understand how you were ripped-off. All you do is lambaste the company and attack those who rebuff you. And finally, I invite all to read the previous postings between Stuart and me. You will see that I provide concrete answers while Stuart provides only innuendos, repeated rhetoric, and facts tailored to his agenda. You will see that I state exactly who I am and yet Stuart never does. And look at our last posts, Stuart did not answer any point I made. That is because he cannot. He is wrong and off-base. Therefore he drops down to personal attacks, misuses words like shill, uses words that are offensive, repeats the same old things over and over, lists publicly disclosed facts as negatives when in fact it is a positive that a company is forthright, keeps referencing a single court case as proof that Primerica is crooked (but conveniently leaves out the fact that Primerica did the right thing and took care of the clients before any court judgment was issued), highlights that most won't make the big bucks but ignores the fact that most in any corporation don't make the big bucks. Paula: No one should not have a job or give up a job when you start Primerica. And it is NOT a job. There was no reason for your daughter to not look at the opportunity. Lucky that she called you?? We have RVPs whose parents told them exactly what you told your daughter. They didn't listen and they now earn 6 figures. So did you really help your daughter by listening to the garbage on this site and stopping her from an intelligent analysis of the opportunity? I don't think so! Diana: Because you state which turned out to be a "recruiting" dinner I have to assume you were invited to a financial seminar instead of a business opportunity night. If they provided good solid information and the dinner was good, then you got what was advertised. You accuse them of being unprofessional without any specifics (a common problem from the posters on this site). If you didn't understand the money concepts being presented, you should have been invited to a Q&A to get your answers. By the way, I get that it's too good to be true reaction from many people until I sit down and patiently explain how money works. The truth is that most people don't have a clue as to how their money works. So it sounds like you became skeptical because you didn't understand what was being presented. I fault the presenters for that. As for your dinner with your family and friends. If you knew how to become debt free and retire early and comfortably by doing some simple financial disciplines, wouldn't you want to share that with your family to help them out? Of course you would. It would be crass to keep that to yourself. So again, as it happens over and over on this site, what people don't understand they mock. Finally, this is not a scam, we help people and that is why we not only stay in business, but are one of the fastest growing divisions of CitiGroup. We are one of the only expanding insurance companies in America. We have the most NASD securities representatives. So, in spite of what one might imply from the garbage on this site, we are one of the best companies to do business with and to be a part of. Best to all.

Here we go again, the Stuart and Paul debate. And at the end, I have provided some information for the first two posters, Paula and Diana. -------------- You stated; Paul, what justifies you being on this website? I answer: Very simple, I am a representative of Primerica that is being attacked by you. Let me copy the following from the Rip-off website itself If you are a business with a report(s) filed against you, you have a chance to make it right. If handled correctly, Rip-off Report(s) against you can actually help improve your reputation. We offer you the opportunity to file a REBUTTAL to any report. (See the REBUTTAL BOX at the end of the specific Rip-off Report you wish to rebut). Every company receives complaints, but how they handle those complaints separates good business from bad business. But Stuart, you have never listed why you are posting this garbage. Whereas I have many times listed that I am a Primerica representative who is proud to be helping families become debt-free and financially independent and I need to counterpoint the half-truths, innuendoes, fabrications, and sometimes the outright lies that are on these threads!. So, WHO ARE YOU?? AND WHY?? --------------------------- You stated: You're on the wrong website Paul as this isn't a forum for companies to tout themselves. This is a website for consumers to voice their complaints about being victimized by companies. I answer: This proves that Stuart lives in a fantasy world and only sees what he wants to see. I ask everyone to go to the home page to see how stupid this is and how correct I am. I am defending myself from spurious reports. --------------------------- You stated: The EDitor has been very lenient in allowing shills such as you to post onto here probably to help expose the companies by showing how arrogant and foolish companies such as Primerica can be. I answer: No matter how many times I explain to you the correct meaning of shill it just doesn't sink in! A shill is someone who poses as a CUSTOMER for the purpose of influencing others. I have never stated that I am a customer. I have repeatedly stated that I am a representative. But the truth never deters you from spouting garbage here. Furthermore, the Editor allows us the right to retort to show the world what absolute nonsense you post. --------------------------- You stated: Paul, you lack humility by refusing to own up to your mistakes when you misread one of my reports accusing me of being with. I answer: I did misread another of your postings. And I did apologize (but Rip-off Reports tends to delete multiple postings on the same day so when I went to look for it, it never appeared). This is what happened. You copied extensively from an earlier posting by someone else. With several paragraphs copied and only a quotation mark at the beginning and at the end, it is easy to see that an honest error could be made when using words from the middle of the copy. And yes, I did at that time conclude that you are rival agent simply posting venom to try to eliminate competition. And because I believed that you were an agent of a rival insurance company, then you would have been in violation of the spirit of this web site. This site is not for competitors to try to destroy their competition. This site is for consumers and company representatives to air their viewpoints and discuss their grievances. So if that is an apologetic circumstance, then I do apologize. --------------------------- You stated: Another mistake of yours Paul is when you claimed that 10% of the Primerican agents were making over $100,000 when it fact under the best interpretation it's only 1.5% I answer: I did a search and I found the original post by Paul of FL (and not me) that you are referencing. Here it is: And, yeah, you know what, 1000 is only, like 10% of the people in the company. Of course, 53 of them are earning over $1-million. But I ask you, how many people at HBW or Nationwide, or State Farm, or Thrivent, or Guardian, or Prudential are making 6-figures, and have a guaranteed retirement? How many people at any major company are making 6-figures? I would wager to guess (since I don't have actual numbers in front of me), based on my experience in the corporate world, the percentage is far less than 10%. In fact, the companies I've personally worked for, the percentage is 1-3%, with only 2 people I know making more than $1-million - and only one of those cared about talking to people below him. I know, personally, 7 people making in excess of $100,000 a year, one of them making almost $2-million a year, and they're still willing to talk to me and help me make the same money, if I'm willing to work hard. What is so illegal about that? Paul - Cape Coral, Florida U.S.A. --------------------------- You stated: With all of these mistakes why should anybody pay heed to what you have to say and why would anyone even accept you as an agent as you can easily misquote premiums, interest rates, cash value along with other parameters. I answer: All of these mistakes??? What is wrong with you Stuart? There was one, unintentional excerpt from a long cut & paste. And who gives you the right to slander me without proof? How dare you question my veracity when dealing with my clients? This just shows how off-center; how full of venom; how hateful you are. Or are you, as I suspect, a rival insurance agent deliberately spreading negative junk about Primerica. --------------------------- You stated: Paul, I wouldn't blame the EDitor if he were to ban you from this website for shilling for Primerica. However I hope he lets you continue to post here as you're actually helping to bring down Primerica as you keep on putting your foot into your mouth. I answer (yet again): No matter how many times I explain to you the correct meaning of shill it just doesn't sink in! A shill is someone who poses as a CUSTOMER for the purpose of influencing others. I have never stated that I am a customer. I have repeatedly stated that I am a representative. But the truth never deters you from spouting garbage here. Furthermore, the Editor allows us the right to retort to show the world what absolute nonsense you post. ---------------- I don't know why you post this stuff except that you claim to be an Ex-Primerican. You don't state why you are angry at Primerica. You don't state what your grievance is. You don't tell how you were ripped-off. You don't tell your story. You provide no reason for anyone to understand how you were ripped-off. All you do is lambaste the company and attack those who rebuff you. And finally, I invite all to read the previous postings between Stuart and me. You will see that I provide concrete answers while Stuart provides only innuendos, repeated rhetoric, and facts tailored to his agenda. You will see that I state exactly who I am and yet Stuart never does. And look at our last posts, Stuart did not answer any point I made. That is because he cannot. He is wrong and off-base. Therefore he drops down to personal attacks, misuses words like shill, uses words that are offensive, repeats the same old things over and over, lists publicly disclosed facts as negatives when in fact it is a positive that a company is forthright, keeps referencing a single court case as proof that Primerica is crooked (but conveniently leaves out the fact that Primerica did the right thing and took care of the clients before any court judgment was issued), highlights that most won't make the big bucks but ignores the fact that most in any corporation don't make the big bucks. Paula: No one should not have a job or give up a job when you start Primerica. And it is NOT a job. There was no reason for your daughter to not look at the opportunity. Lucky that she called you?? We have RVPs whose parents told them exactly what you told your daughter. They didn't listen and they now earn 6 figures. So did you really help your daughter by listening to the garbage on this site and stopping her from an intelligent analysis of the opportunity? I don't think so! Diana: Because you state which turned out to be a "recruiting" dinner I have to assume you were invited to a financial seminar instead of a business opportunity night. If they provided good solid information and the dinner was good, then you got what was advertised. You accuse them of being unprofessional without any specifics (a common problem from the posters on this site). If you didn't understand the money concepts being presented, you should have been invited to a Q&A to get your answers. By the way, I get that it's too good to be true reaction from many people until I sit down and patiently explain how money works. The truth is that most people don't have a clue as to how their money works. So it sounds like you became skeptical because you didn't understand what was being presented. I fault the presenters for that. As for your dinner with your family and friends. If you knew how to become debt free and retire early and comfortably by doing some simple financial disciplines, wouldn't you want to share that with your family to help them out? Of course you would. It would be crass to keep that to yourself. So again, as it happens over and over on this site, what people don't understand they mock. Finally, this is not a scam, we help people and that is why we not only stay in business, but are one of the fastest growing divisions of CitiGroup. We are one of the only expanding insurance companies in America. We have the most NASD securities representatives. So, in spite of what one might imply from the garbage on this site, we are one of the best companies to do business with and to be a part of. Best to all.

Paul, what justifies you being on this website? The following comes from the main page of Ripoff Report at the top "...Rip-off Report is a worldwide consumer reporting Website & Publication, by consumers, for consumers, to file & document complaints about companies or individuals who ripoff consumers." You're on the wrong website Paul as this isn't a forum for companies to tout themselves. This is a website for consumers to voice their complaints about being victimized by companies. The EDitor has been very lenient in allowing shills such as you to post onto here probably to help expose the companies by showing how arrogant and foolish companies such as Primerica can be. Paul, you lack humility by refusing to own up to your mistakes when you misread one of my reports accusing me of being with HBW (which you have yet to apologize for), telling the EDitor to ban me from Ripoff Report (another mistake of yours for which you've yet to apologize to me for. In case you've forgotten, I'll refresh your memory: "I have asked the Webmaster to stop Stuart from posting. He has an agenda as an agent of a competing business. He is NOT A CONSUMER. He is not posting in the spirit of this website. So to all who read his stuff; take it with a several grains of salt. WEBMASTER. WHY DID YOU ALLOW HIM TO ADVERTISE HIS COMPANY!!!!!! THAT IS SIMILAR TO US!!!! To Paul - Fort Meyers, Yes I can explain it. Stuart is simply -- in his own words about us -- a SHILL FOR HIS COMPANY!!!!" Very foolish Paul (in fact as I just pointed out, you're not posting in the spirit of this website. Another mistake of yours Paul is when you claimed that 10% of the Primerican agents were making over $100,000 when it fact under the best interpretation it's only 1.5% With all of these mistakes why should anybody pay heed to what you have to say and why would anyone even accept you as an agent as you can easily misquote premiums, interest rates, cash value along with other parameters. So Paul again I ask you what business do you have being on Ripoff Report besides trying to promote Primerica which you're actually doing a disservice to with all of your bungling? What are you doing to help out those who have been victimized by Primerica? You talk about me getting a life, but you seem to have no life outside of Primerica. You could do with a vacation just to get a fresh perspective on the world. What would you do with yourself if Primerica weren't around? Be prepared as that's a real possibility since the job market has gotten better and there's less of a pool of people for Primerica to draw upon which may lead Primerica to go bankrupt, that I can guarantee you. Paul, I wouldn't blame the EDitor if he were to ban you from this website for shilling for Primerica. However I hope he lets you continue to post here as you're actually helping to bring down Primerica as you keep on putting your foot into your mouth.

Multiple personalities? Paul of FL is a different person. But you live in a different world! Once you get stuck in you're fantasy world, you can't get out I guess! Anyway, let's start today's you said, I say! You said: You kept asking who I was meaning you don't know me. Are you terming everybody who left Primerica a failure by your own standards? There are many people who left companies to start their own successful businesses I answer: You are right. I don't know you. And you never answer who you are! An agent of a rival insurance agency? A failed Primerica agent who is now doing something else? So no one knows your true agenda but everyone knows mine. So who is being forthright and who is being disingenuous? In any business, there are some who make it and some who don't. Those who don't make it here may make it elsewhere and I applaud them. Does that make their prior venture a scam rip-off? Of course not. We all have different levels of ability and what works for one will not work for another. So what is your point? You kept spouting garbage without substance while I simply state what is truthful and with substance. I will let the readers decide. You state: I've also posted a reference to the website without posting the contents over here so as to save some space I answer: Really? Space never concerned you before. The truth is you only post what agrees with your inaccurate and warped agenda. And about the listing the copyright. You did that before when it suited you and now you chastise me for doing it! Again, you only do what meets your warped agenda. You stated: The reason why Primerica had reimbursed the victims is because they knew that they could get fined heavily, sued, shut down in California and lose customers if they didn't reimburse the victims. Do you really think that Primerica reimbursed out of the goodness of their hearts? I answer: If one follows most corporate legal wrangling, it is pretty standard to stonewall until you are forced to pay retribution. And even then, most corporations will sign no admission of guilt type of agreement to get out of trouble. We didn't do that. We immediately took the high road and contacted the clients. Are you so full of hate and negativity that you refuse to see any positive? I guess so. You say you are an Ex-agent. If so, then you should have known the corporate mantra. That is to help Middle America. How could we do that unless we acted? You state: What they do very well at their website is to try to mislead the public. I answer: This is unbelievably stupid. How can you state that full disclosure of the facts is misleading? Stuart, you are grasping at straws because your whole series of diatribes has been exposed as garbage. You stated: I hope that the Editor of this website allows you to keep posting as you keep making my day as you give me so much good material to keep exposing Primerica with. I answer: The Editor does not care if I post. Nor do they care if you post. So to list that as a hope is ridiculous. Exposing? You have that backwards (as many things you post are). I am exposing you as posting venom, half-truths, and cleverly worded innuendoes. You stated: With newbies my complaint is that they're not achieving making a livable income whereby they're making less than minimum wage so you're better off doing burger flippin at McDonalds. I answer: Minimum wage and burger flipping. Hey! Wake up! This is not a J.O.B. (Just Over Broke). This is a commissioned sales opportunity. Therefore, there is no comparison to minimum wage. Yes, when you start, you WILL NOT make money. You must be license (State law not Primerica) to get paid commissions. And we start people PART-TIME because of that. We do not encourage full-time because you can't make a lot of money quickly. So again, Stuart, you take normal Primerica operation and try to paint it as horrible. The only thing horrible is your negative, over-the-top ranting. You continue: Primerica and other scum companies talk about the opportunity to make a six-figure income without explaining what your chances are in reality. I answer: There you go again, using a vile and disgusting word rather than logic to try to make your point. We do tell new associates what they have to do to make it. We (my organization) make sure that there are no illusions about what this is. We have no desire create more Stuarts. You state: My exploration of Primerica's website strongly suggests that your chances of achieving that are nil. I answer: The web site doesn't state that it is nil (which means you cannot get there). Instead it warns you that it is hard, very hard. So is telling the truth not in your game plan Stuart? Or is telling the truth abhorrent to you? You are 100% wrong by stating it is nil. But that never stopped you before. You stated: the same as a guarantee and it would take an officer from Primerica to guarantee it. I answer: You live in a fantasy world. What is guaranteed today? Someone's job? Look at all the lay-offs, downsizing, mergers, and off-shoring being done. That you have job after college? Look at all the college graduates that didn't get a job. Making at Primerica is not guaranteed. But what is guaranteed is that THERE ARE THOSE WHO HAVE MADE 6 FIGURES. So all we say, in spite of Stuart, is if you have the abilities, if you have the steadfastness, if you have the drive to make it, this is as best a place to do that as elsewhere. Just steer clear of Stuart. PS: You didn't rebut anything. You just spewed the same garbage again. (But thank you for not using the incorrect word Shill) We live close to each other. I probably know your prior RVP or SNSD. What turned you off so bitterly? I would not mind meeting you as, rhetoric aside, I hold no personal grudge against you. I actually enjoy our debate (even though you are on the wrong side). I really would like to know what drives such negativism.

Here's my rebuttal to the person with multiple personalities. Some quotes: "You were a failure in Primerica, not that Primerica failed you." You kept asking who I was meaning you don't know me. Are you terming everybody who left Primerica a failure by your own standards? There are many people who left companies to start their own successful businesses (such as HBW from those who left Primerica). "how a Primerica executive (a RVP) ripped off a senior citizen" If you've been following my posts, then you know I've already posted the entire website over here on several occasions. I've also posted a reference to the website without posting the contents over here so as to save some space which of course explains why the copyright didn't post over here on that occasion (incidentally a copyright means to protect the exact expression of the writer. It doesn't protect talking about the subject matter of the article). "which had already reimbursed victims for their losses. " The reason why Primerica had reimbursed the victims is because they knew that they could get fined heavily, sued, shut down in California and lose customers if they didn't reimburse the victims. Do you really think that Primerica reimbursed out of the goodness of their hearts? "What is wrong with you? Primerica PUBLICLY posts what the percentiles are. So what right do you have to intimidate that we don't want to answer? But you do this very well. Take a positive of Primerica and make it a negative. I think most people would be glad to know what odds they are up against." What they do very well at their website is to try to mislead the public. I only provide an analysis to expose what the figures do and don't mean Paul and Paul. "it just shows how much hate you have." If you mean I hate you, just the opposite. I hope that the Editor of this website allows you to keep posting as you keep making my day as you give me so much good material to keep exposing Primerica with. "Stuart, you can't choose the newbie's (frontline) and chastised us because new associates don't make 6 figures." I don't expect newbies to make six figures and I haven't chastised Primerica for that. Let me break up my answer into parts: Part one: With newbies my complaint is that they're not achieving making a livable income whereby they're making less than minimum wage so you're better off doing burger flippin at McDonalds. Part two: Primerica and other scum companies talk about the opportunity to make a six-figure income without explaining what your chances are in reality. My exploration of Primerica's website strongly suggests that your chances of achieving that are nil. Paul and Paul's statement that "If you want to work your butt off for two or three years, you can definitely be a 6 figure earner" is meaningless for these reasons: it's not the same as a guarantee and it would take an officer from Primerica to guarantee it. So now that I successfully rebutted Paul and Paul again, what garbage are you going to spew forth next?

Hi, Stuart. Yet another post from one of the most prolific posters. I will continue to rebuff your garbage every opportunity I have, because the truth must prevail. You stated: Let me ask you point blank what are the odds against someone making a six-figure income at Primerica? I don't think you'd want to answer that question Mark Jones so I'll answer that one myself. To the smart public the figures I'm about to give comes from Primerica's website... I retort: What is wrong with you? Primerica PUBLICLY posts what the percentiles are. So what right do you have to intimidate that we don't want to answer? But you do this very well. Take a positive of Primerica and make it a negative. I think most people would be glad to know what odds they are up against. You stated: The data shows close to 1.5% of the Primerica employees make over six figures. I answer: You have asked this same question on numerous threads. (I believe you are one of the most prolific posters on this topic.) This is what we call in political circles, a no win question. It cannot be answered because it is a trick question. Allow me to paraphrase it. Submit hard evidence to Ripoff Reports that Corporate America has successful clerks making 100,000 per year. Of course Corporate America doesn't and of course we don't. So we can't answer your trick question. Stuart, you can't choose the newbie's (frontline) and chastised us because new associates don't make 6 figures. That's the same as saying that Wal-Mart or GM is no good because clerks and first year assembly people don't make 6 figures. But that doesn't stop you from posting this garbage. You stated: But hold on here, there's a little more to it than that. The website says the income is gross income meaning it's before business expenses which means that the true net income could be closer to $50,000 after business expenses are deducted. But hold on here, there's one more item. What's conspiculously missing is that the website isn't saying it's over $100,000 a year for the top performers. From the way the website is titled, it's suggesting that the $100,000 gross income before business expenses is over the course of 24 years or less than $5,000 a year. I answer: Wow, that really sounds bad but is it true? You state you are an Ex-agent. Anyone who has been in Primerica knows that they use a rolling 12 months to compute earnings. So the $5,000 is a bogus number you deceptively computed. Also, that same page states Most RVPs/Representatives do not achieve these levels, so you should not consider these results any guarantee that you will achieve any specific earnings level. Your earnings are dependent on your own efforts and abilities. That means that we are telling you that this is a difficult business and is not guaranteed and that you must work hard. Sounds like we are being honest. If we were a scam, would we post this information? Of course we wouldn't. But that doesn't stop you from incorrectly suggesting that we are. You state: People are negative about Primerica because they have good reason to be Mark Jones. The lies, fraud and deception are rampant throughout Primerica. I answer: List specifics, names, dates and places. You make absurd, general, non-specific statements and then refuse to provide specifics. As for the large number of posts, the vast majority are from those who joined and didn't make it. You know, it is interesting that when someone fails a test for premed, or the bar, do you hear them debasing the legal or medial system. No! Why, it is because they failed. Do you have postings because someone was not promoted from clerk to Senior Vice President in 2 months? NO! Why? Because that is ridiculous. So it is also ridiculous to expect anyone to be earning 6 figures in Primerica in a couple of months!! And the vast majority of postings are from people who failed and quit after a short time. What did they expect? To make 6 figures in a few months? Maybe they did. But that is not reality and none of my associates believe that. They believe that if they work hard, they can make it (ummmm isn't that the American dream? work hard and make it????) But not for Stuart!!! In Stuart's world, new people should make a bundle or else it is a scam. Come on, enter the real world! You were a failure in Primerica, not that Primerica failed you. You posted: how a Primerica executive (a RVP) ripped off a senior citizen I answer: In your typical method of subterfuge, you only post a small portion of the story to try to make your point, which is completely wrong. Here's the rest of the story which I copied from the many times I have had to show how disingenuous you are. To prove the point, you used to post this statement Primerica, which had already reimbursed victims for their losses. But you stopped including that language because I used it to debunk your accusations and it no longer supported your warped agenda. Read on. I posted previously: And to debunk your constant posting about the case in California. You keep refusing to highlight the most important point. I quote from your post he served in county jail and ordered to pay $25,000 in restitution to Primerica, which had already reimbursed victims for their losses. Let's look at that. He had to pay Primerica. Why? Because he was a rouge agent and the exception and not the rule. If we are such a scam outfit, why don't you list 100 or 1,000 cases??? Put up or Shut up (your words)! You can't because there aren't that many! But here is the most important part: which had already reimbursed victims for their losses. Let me repeat this: which had ALREADY reimbursed victims for their losses. Primerica paid people back BEFORE THE JUDGMENT! I want to do business with a company that stands the moral ground and immediately took care of the customers. Not like the scam, corrupt company picture you paint Stuart. By the way, I consider your not including all the details to be simply how you fracture and bend facts to your own agenda. So to all reading Stuart's postings, keep this in mind. So Stuart, what is your problem? Where is your anger or agenda coming from? Come on. Be upfront and answer. Quotes above are 2004 American City Business Journals Inc. (You forgot to provide the legally required recognition Stuart.) And finally: It always amazes me that when negatives are posted here, most of the time they are wrong or half-truths. This is especially true when the writer is a former member of Primerica. Remember, that fact that they could not make it in no way means that you won't. The other large group of posters are those who don't like MLMs or the recruitment process. Well that's fine and your choice, but that doesn't make Promerica a rip-off or scam. AND MOST IMPORTANTLY: Many negative posts are by agents of other insurance companies who don't like us because we are replacing thousands of their overpriced and high-commissioned cash value policies day-after-day. Primerica is the most hated Insurance Company by the rest of the industry. Not because we are bad and deceptive; but because we are costing them money, money that they ripped-off from you, the public, with their bad cash-value insurance products. PS: Not just insurance. We also do mortgages (1st time and refinance), investments, 401Ks rollovers, 529 college plans, IRS (both traditional and Roth), legal protect and wills, long term care, and free Financial Needs Analysis for Middle America. You don't need $100,000 in assets to speak with us.

It's interesting when I'm rebutting Paul from Cape Coral that Paul from Brooklyn sticks his two cents worth in. In fact I believe they're one and the same. I quote: "Your comment about the 1,000 was, I believe, mine, not Paul of FL." You don't know whether the comment was yours or Paul from Florida? Maybe that's because Paul from Brooklyn and Paul from Cape Coral are one and the same person. I can't do anything about your split personality, but I can help you remember that the comment came from Paul of CC. Here's another reason why I think you're the same person. I recall you (Paul of B) saying that Primerica had 10,000 slave agents doing a six-figure income which is about 10% of over 100,000 slave agents. Paul of CC stated that about 10% of all the employees at Primerica made over a six-figure income (The truth is that at the Primerica website I've listed, it indicates that only 1.5% of all the slave agents make a six-figure income and there's fine print and catches that come with that). It would be quite a coincidence for the two Pauls to be making the same mistake (I have more reasons than what I have given here but I want to move on to the more important matters). Another quote: "You have never answered who you are. What are you afraid of? I have been upfront and honest. I am a Primerica representative. Who are you?" Paul you should learn to read (you accused me of being with HBW which was the first indication that you don't know how to read and understand a report). Now you're telling me that you can't read a simple Ripoff Report because it says in red "Update Ex-employee responds." Does this help you Paul? Another quote: "I don't know about you, but I will take a highly respect, well known source as more reliable then some turkey who can post onto this site any garbage, drivel, slander, falsehoods, and whatever utter nonsense that they want to spew out." (talk about name calling). So what Paul? Enron was given plenty of great writeups by a number of organizations equal in stature to AM Best. And look what happened to Enron. Another quote: "If you want to work your butt off for two or three years, you can definitely be a 6 figure earner." Can you guarantee this in writing Paul that under the conditions specified with a clarification on what it means to "work your butt off", that anybody will make a six-figure income on a yearly basis within three years? Another quote: "All of your points have been refuted over and over again. By me, by Paul of FL, and by many others. But you persist and repeat and repeat. When you are debunked on one tread, you just start others to keep the hit count up." You're saying that just little ole me is keeping the hit count up all by myself? My oh my. If my points have been refuted, then why do you keep coming back here. Are you afraid of the truth? Is that why you pretend to be two people on here? (meaning you're busted Paul). Another quote: "So Stuart, get a life and give this up. You are a loser in this information flow." Actually Paul you need to get a life. Why aren't you out there trying to help the families (like you said you are) along with your downline. This website is designed to help out the victims of companies such as Primerica along with exposing scum companies such as Primerica. Shills such as you will never persuade me to stop and every time you post Paul whether under your name or some other, I'll be there. One more quote: "To turn your statement around, who should we believe? You?? Or A. M. Best?" I'll do better than that Paul. I'm asking everybody who reads this report to go over to Primerica's website at: http://ww3.primerica.com/public/what/opp/track_record.html Now Paul when you read through the fine print at that website, it's easy to figure out that Primerica is once again trying to dupe the public as the website states that the income is gross income before businees expenses are deducted which can easily chop the income by half to net out at $50,000. And when you read through the fine print even further, nowheres on your masters' website does it state the income to be yearly, but it tends to suggest (on the basis of the 24 years mention at that website) that the top earners may actually be making less than $5,000 a year. If it's not true, then I suggest you get on the horn Paul to contact your masters at corporate Primerica to get that problem fixed right away.

Hi Stuart. Haven't conversed with you for a while because I've been too busy helping families become debt free and financially independent. (And so has Paul of FL) What do you do beside write this garbage? You have never answered who you are. What are you afraid of? I have been upfront and honest. I am a Primerica representative. Who are you? All of your points have been refuted over and over again. By me, by Paul of FL, and by many others. But you persist and repeat and repeat. When you are debunked on one tread, you just start others to keep the hit count up. You name call and insult. And you completely ignored the A.M. Best report. They are one of the most respected reporting organizations. Who are you? Let's compare credibility: A.M. Best Company is... 1. A worldwide insurance-rating and information agency with more than 100 years of history. The company was founded in 1899 by Alfred M. Best. Offices are located in the United States, the United Kingdom and Hong Kong. 2. The largest and longest-established company devoted to issuing in-depth reports and financial-strength ratings about insurance organizations. Its flagship publication and database, Best's Insurance Reports, offers the largest coverage of insurers and reinsurers in the United States, Canada, the United Kingdom and worldwide of any interactive rating organization. 3. A publisher of books, directories, CD-ROM products and Internet-based services pertaining to the insurance industry. Products focus on insurance company financial information, underwriting information, providers of legal representation and claims adjusting services to the insurance industry, and company-specific or industry-wide analytical information in the United States, Canada, Europe, Middle East and Asia insurance markets. 4. The longest-running, largest and most-recognized source for insurance news. Articles generated by A.M. Best's news staff are published in Best's Review magazine, BestWeek, through its real-time news channels and distributed via more than a dozen international information distributors. I don't know about you, but I will take a highly respect, well known source as more reliable then some turkey who can post onto this site any garbage, drivel, slander, falsehoods, and whatever utter nonsense that they want to spew out. So Stuart, get a life and give this up. You are a loser in this information flow. About the odds of making it. You ask this question many times but refuse to acknowledge the answer. The odds are the same as for a burger flipper to become a senior vice-president of McDonald's. Or the same as a teller at Bank of America becoming a corporate vice president. What business exists where it is easy to earn six figures? How easy is it to get to the ivory tower in corporate America? It is a few out of 100,000's. Your question implies that it is harder at Primerica then elsewhere. No it is not; it is the same. Or your question implies that it should be easy to make 6 figures at Primerica. No it is not. So, point blank, your question is a trick question. Asking a common truth and implying that it is a Primerica negative is disingenuous. But you do that very well. If you want to work your butt off for two or three years, you can definitely be a 6 figure earner. But you are right about one thing Stuart, most cannot work like that, so most do not make it. Is that Primerica's fault? Or those who failed? You imply that there odds are terrible at Primerica. Do the entry positions at your company pay 6 figure incomes? So, do tellers at Bank of America make 6 figures? Does any entry-level position start at the top? No, of course not. But you use a trick question to try to make a negative point. Something you are very good at (or should I say bad). Your comment about the 1,000 was, I believe, mine, not Paul of FL. If it was mine, you need to read the entire paragraph before you lambaste someone with an out-of-context quote. As for your carefully couched liar accusation (Paul so why should we accept anything you say?), it just shows how much hate you have. I feel sorry for you. To turn your statement around, who should we believe? You?? Or A. M. Best?

Hi Stuart. Haven't conversed with you for a while because I've been too busy helping families become debt free and financially independent. Same for Paul of FL. What do you do beside write this garbage? You have never answered who you are. What are you afraid of? I have been upfront and honest. I am a Primerica representative. Who are you? All of your points have been refuted over and over again. By me, by Paul of FL, and by many others. But you persist and repeat and repeat. You name call and insult. And you completely ignored the A.M. Best report. They are one of the most respected reporting organizations. Who are you? Let's compare credibility (from their web site): A.M. Best Company is... 1. A worldwide insurance-rating and information agency with more than 100 years of history. The company was founded in 1899 by Alfred M. Best. Offices are located in the United States, the United Kingdom and Hong Kong. 2. The largest and longest-established company devoted to issuing in-depth reports and financial-strength ratings about insurance organizations. Its flagship publication and database, Best's Insurance Reports, offers the largest coverage of insurers and reinsurers in the United States, Canada, the United Kingdom and worldwide of any interactive rating organization. 3. A publisher of books, directories, CD-ROM products and Internet-based services pertaining to the insurance industry. Products focus on insurance company financial information, underwriting information, providers of legal representation and claims adjusting services to the insurance industry, and company-specific or industry-wide analytical information in the United States, Canada, Europe, Middle East and Asia insurance markets. 4. The longest-running, largest and most-recognized source for insurance news. Articles generated by A.M. Best's news staff are published in Best's Review magazine, BestWeek, through its real-time news channels and distributed via more than a dozen international information distributors. I don't know about you, but I will take a highly respected, well known source as more reliable then someone who can post onto this site any garbage, drivel, slander, falsehoods, and whatever utter nonsense that they want to spew out. So Stuart, get a life and give this up. You are a loser in this information flow. About the odds of making it. You ask this question many times but refuse to acknowledge the answer. The odds are the same as for a burger flipper to become a senior vice-president of McDonald's. Or the same as a teller at Bank of America becoming a corporate vice president. What business exists where it is easy to earn six figures? How easy is it to get to the ivory tower in corporate America? Your question implies that it is harder at Primerica then elsewhere. No it is not. Or your question implies that it should be easy to make 6 figures at Primerica. No it is not. So your question is a trick question. Asking a common truth and implying that it is a Primerica negative is disingenuous. But you do that very well. If you want to work your butt off for two or three years, you can definitely be a 6 figure earner. But you are right about one thing Stuart, most cannot work like that, so most do not make it. Is that Primerica's fault? Or those who failed? You imply that there odds are terrible at Primerica. Do the entry positions at your company pay 6 figure incomes? So, do tellers at Bank of America make 6 figures? What is the ratio of top earners at BoA to the total workforce? Does any entry-level position start at the top? No, of course not. But you use a trick question to try to make a negative point. Something you are very good at. Your comment about the 1,000 was, I believe, mine, not Paul of FL. If it was mine, you need to read the entire paragraph before you lambaste someone with an out-of-context quote. As for your carefully couched liar accusation (Paul so why should we accept anything you say?), it just shows how much hate you have. I feel sorry for you. To turn your statement around, who should we believe? You?? Or A. M. Best? Bye, I have families to help.

Welcome back Paul. I wonder what's been keeping you? Well Paul I have some figures of my own to give out and you know what? This is based on Primerica's own website, the link being: http://ww3.primerica.com/public/what/opp/track_record.html At this website Primerica indicates about 1.5% of the top earners do a six-figure income. However when you read the fine print, you'll see that the income is gross income before business expenses are deducted so the true income after expenses may only average $50,000 and if you check the fine print again, nowheres on the website does it state that the numbers are yearly income and the title for this website suggests that the actual yearly income may be less than $5,000 a year. Now size doesn't impress me (remember Enron?) and the figures you gave have to be verified (why you may ask? Do you remember when you said:"And, yeah, you know what, 1000 is only, like 10% of the people in the company." Basic arithmetic will show that 1,000 people out of 100,000 people in the company is only 1%, not 10% Paul so why should we accept anything you say? Besides that a Primerica shill will say just about anything to dupe the geberal public. So I'll bottom line it for you Paul - why should anyone in their right mind join up with Primerica when they know the odds are over a 1000 to 1 against being successful?

"Team Primerica" Primerica Life Insurance Co.'s vibrant business with middle-income Americans defies the norm in today's life industry. "what Primerica does is unusual in the life industry, and probably unique. Primerica is the renegade, the black sheep, the company that dares to be different and succeeds. At a time when the number of agents in the life industry is shrinking, for example, Primerica's has grown the past five years to 107,000 from 79,000. While most companies forsake the career agency system as being too expensive and instead build distribution relationships with banks, independent general agents, stock brokers and financial planners, Primerica sticks with its career system. While other big life insurers depend on creating a constant flow of sophisticated new products, Primerica sticks with term insurance. And, oh yes, Primerica guides clients to invest the difference between the low cost of term coverage and the higher costs of cash-value policies... over the years, the strategy has evoked the wrath of disciples of permanent insurance. Perhaps the most significant of Primerica's peculiarities is that it sells the old-fashioned way: over the kitchen table to middle-income America, the part of the public that most life insurers can't or no longer know how to reach. This market has become a huge Primerica niche and a fertile ground for future sales. In 2003, the company reports it issued 264,440 life policies in face amounts totaling $82 billion. As of early December, it was on track to top $90 billion in 2004. The in-force amount has grown to $534.2 billion through the third quarter of 2004, up from $395 billion in 1999." "Primerica pulls off these feats through a grass-roots effort, what Addison refers to as the PeopleNet. Most of its agents work only part time while keeping their full-time jobs. Agents reach prospects through personal contact; Primerica does not advertise in the media. And agents often help grow the work force by recruiting their own clients. The key to making the system work is the Financial Needs Analysis, a personalized report prepared for clients by company agents based on input from each client. The analysis helps customers identify their financial goals and assesses how well they are reaching them. The agent is then able to recommend term-life insurance and products from other Citigroup subsidiaries, including the mutual funds of Smith Barney, the variable annuities of Travelers Life & Annuity Co., and debt-consolidation products through Citicorp Trust Bank. Primerica Financial Services, has eight office-of-supervisory-jurisdiction administrators, 460 office jurisdictions that supervise more than 4,000 regional vice presidents and 11,000 regional leaders, most of whom are full time in the business. This system is set up so that commissions are shared among the selling agent and supervisors at higher levels. It therefore provides economic incentives for productivity and advancement." "Putting new clients onto the right track usually involves a few fixes that often start with consolidating debt. Williams reported that through the first three quarters of last year, Primerica agents sold $3.3 billion in debt-consolidation loans. That freed up money to help new clients to buy $68.3 billion in level-premium term insurance and invest $2.2 billion in mutual funds and $818 million in variable annuities. Two thirds of the company's life insurance sales go to people buying for the first time, while the other third replaces whole life policies that charge higher annual premiums and provide lower face amounts, said Addison. When agents are not licensed to sell securities or loans, they bring in a Primerica broker dealer and mortgage broker to handle the transactions." "In the next 20 years we're going to have a Social Security crisis. . .unless the baby boomers commit suicide. You can't pay enough in taxes to support a system that is fundamentally broken. According to Williams, three of five boomers don't have an insurance program and savings program, and hardly any financial-services representatives talk to them. Addison said Primerica's agents are currently selling the same number of term policies in a calendar quarter as the leading online insurance broker has sold in the past seven years." "Primerica has little competition for several reasons. One is that term life insurance offers plenty of coverage, but relatively little in premiums compared with cash-value policies. (Primerica's average face amount is $270,000 compared with the industry average of $119,310, according to the American Council of Life Insurers' 2003 Fact Book.)" "That's not to say Primerica doesn't continually face challenges. Its biggest strategic issue today is licensing the part-time agents, said Addison. In California, for example, new agents must take 52 hours of prelicensing instruction and then pass a test with 70% to 80% of the questions on products Primerica doesn't sell, he noted. But Primerica overcomes recruitment challenges by attracting high-quality candidates from middle income America, such as teachers and police officers, who don't have to quit their current jobs to become agents, said Addison. The system also offers the option to become full time and make a career change, or to simply earn some extra money by working part time. Some part-timers have been with the company for 20 years, he said. The typical insurance company spends $140,000 to get an agent up and running, but the industry five-year retention rate is only 11%, he said. But Primerica is not investing six figures on new agents, so it is OK with Addison if an agent writes just one sale a year. As long as the agent meets the continuing education requirements and in-house training, he or she can stay around forever on our computer, he said." Primerica reps complete a financial needs analysis for a consumer somewhere every 77 seconds. Primerica reps submit a life insurance application every 85 seconds. Primerica Life is a charter member of the Insurance Marketplace Standards Association. Primerica Life paid $616 million in death benefits in 2003. Average initial lump trade is $3,300. Average automatic monthly bank draft is $71. 70% of all investments are in tax-qualified plans, which emphasize long-term investing rather than trading. Investors can open an account through Primerica for as little as a $250 lump sum or a minimum of $25 a month as a monthly bank draft. **Source: Best's Review (January 2005 Issue)**

I quote: "You know everyone is so negative about the company,...." Does this include you Meegan? You mention Primerica only once in your first paragraph while you keep mentioning Citigroup four times in that first paragraph. I think I'd rather go to work for Citigroup than Primerica on the basis of that first paragraph. Another quote on Meegan: "...Primerica is honored to have Citigroup Financially back us...." Tsk tsk Meegan You should follow your own advice as you haven't done your research. Just check this out: "Primerica and its affiliates are subsidiaries of Citigroup Inc. Each subsidiary of Citigroup, and not Citigroup itself, is responsible for its obligations to its customers. Insurance and securities offered through Primerica Companies are not deposits. There is no bank guarantee. They are not FDIC insured. Securities may lose value." In other words, Citigroup won't back up Primerica's obligation to its customers (this information comes from Primerica's website. The link is: http://ww3.primerica.com/public/primerica_disclosures.html) Furthermore it states that the securities are not FDIC insured and may lose value. But we were talking about working for Primerica Meegan and I've gotten off the track. Sorry about that Meegan. Let's go to another Primerica website (I really do my research Meegan) and let's see what it says. The website is: http://ww3.primerica.com/public/what/opp/track_record.html Over there out of over 100,000 slave employees, about 1.5% make over a six-figure income. Sounds pretty good until you read the fine print Meegan. Because it says that the income is gross income meaning that the income is what you make before you deduct business expenses (e.g. office rent) which could mean a net income of $50,000 after business expenses. There's one more item in the fine print Meegan which is a curiosity. If you take particular note, I didn't say a six-figure yearly income. That's because Primerica's website doesn't say it anywheres. Instead it suggests that's what its top earners made over the course of 24 years so its top earners may actually be making less than $5,000 a year which sounds believable on the basis of posters' comments on the type of cars that the alleged top earners drive away in when they come down to the rah-rah meetings to parade themselves. And Meegan who are you to tell people who to listen to? Another Primerica shill. This website was designed to help those who have been ripped off and expose companies such as Primerica and if you have any issues with that go complain to the Editor. I have a suggestion for you. Go crawl back under the rock you came from and let your master fat cats at Primerica know we won't tolerate shills such as yourself.

You know everyone is so negative about the company, but think for a moment that all the stuff they tell you could possibly be true. In America there are a million and one ways to become financially free, correct? Well, out of those million and one ways there are probably a few legitimate ways to achieve financial freedom. So often people are negative and don't know about Multi-Level Marketing they just rather be in the dark all their lives. Well, If thats what suite's you then fine. But don't go putting a reputable company down, Primerica is a sound company and is powered by the largest financial powerhouse in the world. Citigroup, so if its so fraudulent then throw away all your credit cards and bank cards, money market accounts, mutual funds and everything else that has to do with stocks if you have them. Did any of you know that Citigroup is 1 of 30 blue chip companies that control and run the nyse. Citigroup makes an estimated 3trillion a year. That is phenomal business if you ask me and Primerica is honored to have Citigroup Financially back us. So instead of listening to people that have absolutely no idea or are judging because of what someone said, Do your own research!!!! To the woman on the message board who graduated from college and decided working for the rest of her life and running the rat race until she can retire at 65. hooray for you!!!Oh yeah Bill Gates the richest man in the world didn't finish college, so your point about college was what again? remember this if you don't put some money away about 100.00 a month at least 26 or 27 years of age at 12% yield. You will have almost 1.8 million dollars by that time.Just a little sound advice to get you through the hard times. Think about it, Social security is d**n near gone now, so Ms. College graduate what are you going to do then????? If you don't want to live off social security and pension or the new privatization (401k) you better schedule for a free Finacial Needs Anaylsis.(LOL) OH MY GOD, I could keep going and going but I will end here, I am a college graduate as well but just knew I didn't want to be an employee for the rest of my life I wanted more and even if you don't get involved with Primerica Do something that is worth it for you and your family. Sincerely, Primerica Representative Location NEW JERSEY

First of all I would like to say thank you so much for this website. I was invited to a dinner by a person I play tennis wut, which turned out to be a "recruiting" dinner for Primerica. The rep and RVP gave a presentation on term insurance, investments and mortgages; and you can join for a training fee for $199. These reps were not professional at all. After the presentation; which I thought was very misleading and sounded to good to be true; the rep literlly backed people into a corner; talking really fast and snapping her fingers like a con-artist; wanting us to have a dinner; invite all my friends and family or either give her their names. Needless to say I was in shock and I did not appreciate being invited to a dinner to be fast talked by some RVP supposedly earning a "six-figure income" representing a scam company. My question is how can a company like this stay in business and what can be done to shut it down to protect other people from getting scammed in this way? Any suggestions? Concerned Consumer